https://pjmedia.com/richardfernandez/2010/02/06/tiny-bubbles/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usTue, 09 Jun 2026 19:36:57 -0400<![CDATA[There were fears that a tide of lending by Chinese banks to keep the economy going was building up a &#8220;bubble&#8221; of uncertain proportions. Beijing-based Fitch Ratings said that it was difficult to estimate just how large the bad debts were because the Chinese banking system was so opaque. One party trying to peer into China&#8217;s economic future was Japan. At the recent G7 conference in the artic city of Iqaluit, Japanese Finance Minister Naoto Kan said Japan is &#8220;paying attention to China&#8217;s economic conditions, and we&#8217;re concerned about [signs of] a bubble&#8221; in the mainland&#8217;s economy. Fitch Ratings were quoted as saying that:]]>Sat, 06 Feb 2010 17:19:28 -0500<![CDATA[Richard Fernandez]]>https://pjmedia.com/richard-fernandez/2010/02/06/tiny-bubbles-n189601