[Janarealiti]

I dont agree that Frankfurt will benefit considering German banks were some of the first to falter and Paris Im sure was complicit although no major French bank has been hit badly (not counting Societe general but that was fraud) Other so thought steady Euro countries like Switzerland have also been hit badly so all of Europe is in the same boat in my opinion. As for China it dont believe it will ever be that powerful as long as it is communist and I dont care how liberal they pretend to be. Their economy only just recently eclipsed the UK's, a country 20 times smaller than China. Shanghai will be a major centre but whether or when it will eclipse London is something that will only be answered a long time in the future. I would also refer to the fact that London has held its own against NY until the collapse and was even being considered to have surpassed it. If it can hold its own against the US' top city then why not China's also?