Results 1 to 2 of 2
    • Member Info
      • Native Language:
      • Chinese
      • Home Country:
      • China
      • Current Location:
      • China

    • Join Date: Oct 2009
    • Posts: 179

    western methods of hiding risk

    Dear all,

    What does "western methods of hiding risk" underlined refer to?

    Thanks in advance.


    There have been some advantages in this. Chinese banks were not, in the main, exposed to toxic Western debt and, perhaps more importantly, never adopted dangerous Western methods of hiding risks. But China’s own approach presents these problems in a different form.

  1. 5jj's Avatar
    • Member Info
      • Native Language:
      • British English
      • Home Country:
      • England
      • Current Location:
      • Czech Republic

    • Join Date: Oct 2010
    • Posts: 28,134

    Re: western methods of hiding risk

    You'd need an economist to answer this in detail. The words themselves simply refer to the methods employed by financial institutions in the West (i.e. America and Europe) to conceal (from shareholders, auditors, etc) loans and investments that were likely to result in financial loss.

Similar Threads

  1. [Grammar] hiding/hidden
    By Carameldiaz in forum Ask a Teacher
    Replies: 2
    Last Post: 10-Feb-2009, 03:42
  2. Western aid
    By lauraguan in forum Ask a Teacher
    Replies: 1
    Last Post: 22-Nov-2008, 04:33
  3. hiding survivors
    By user_gary in forum Ask a Teacher
    Replies: 1
    Last Post: 13-Mar-2007, 10:10
  4. Replies: 1
    Last Post: 10-Jun-2006, 12:31
  5. Risk it/Run the risk/take my chances
    By Antonio in forum English Idioms and Sayings
    Replies: 1
    Last Post: 23-Aug-2004, 21:48


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts