Analysis: Turbulent market awaits AgBank's IPO

06/13/2010 | Economist (free content), The

Some analysts said taking Agricultural Bank of China public in this stormy market borders on madness, while supporters said the bank's 320 million rural customers make it a good bet at any time. The bank's recent history raises doubt about the quality of its management and lending policy, according to The Economist. "Yet there may be no better way to make an investment in the future of the average Chinese citizen," The Economist notes. "That alone could ensure smooth sailing."

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Economist (free content), The

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