Tony Sagami -

Bank of China: model of inefficiency

by Tony Sagami on August 14, 2008

I went to a Bank of China branch yesterday to exchange some currency and I was shocked at the pathetically slow service there.

The Bank of China is one of four state owned/controlled banks and I can tell you that it is as inefficient, slow, and overstaffed as you would expect a Communist-run bank to be.

I had never invested in a Chinese bank and I am now quite sure I never will  now.

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