State Media: China and European Banks

state media: Many were baffled by the outrage, according to The Japan Times. Was the furor in China amplified by state media and a local industry group's demand for the economist's firing some sort new front in the trade war Might U.S. and European banks finally on the cusp of expanding in mainland China be thwarted over perceived slights And what exactly was the insult At issue was an attempt by UBS's global chief economist, Paul Donovan, to weigh in on whether a swine flu epidemic in China should worry investors focused on global inflation It matters if you are a Chinese pig, he said of the disease. For financial professionals around the globe this past week, rising trade tensions and fears of a slowdown were no match for an unlikely drama suddenly unfolding in China UBS Group AG's struggle to quell a public uproar over an economist's quip about pork prices. ; Inside banks and investment firms, debate swirled across desks and trading floors. It matters if you like eating pork in China. That phrasing was ready-made for mistranslation. It does not really matter to the rest of the world. (news.financializer.com). As reported in the news.