I am thinking this question for days. China has been a nation with thousands of years governed by human. Now the President Hu said the country should be regulated by law. Is that possible for such a big nation with a so large population?
Read a pretty interesting message yesterday. Shenzhen Development Bank, the only foreign-controlled joint-stock lender in China, said it has received notice from China Securties Regulatory Commission, asking for the return of a back-up loan. The loan once belonged to a already two bankrupted securties companies .
The message said: The regulator asked us twice to pay back the money, with the warning to send us to the court. But we haven't done that yet coz our lawyer doesn't think we have to pay. So far, no suit.