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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- U.S. sub-prime holdings kill Bank of China profits (03/25/09)
- World Bank pledges $510 million to China (10/26/08)


