When Will the Financial Doomsday Arrive in China? – Banking Episode #China economy #financial crisis

China Economic Spotlight
907 Video Views·Jul 21, 2023

For nearly 20 years, economists have repeatedly predicted that a financial crisis in China is imminent. Despite economic indicators according to Western economic theories showing that China's financial system has already collapsed, the fact is that China has not experienced a widespread and obvious financial crisis. So, what is going on? This has left the Western economic community perplexed: How has the Chinese government been able to keep such a rotten financial system running? When will China's financial doomsday arrive?
In our view, the banking crisis in China may fully erupt after the collapse of the CCP regime, causing enormous suffering to both domestic and overseas populations, especially the Chinese people. We sincerely remind everyone that as long as the CCP exists, the bad loans of banks will increase, and our wealth will decrease.
At the end of the program, we would like to add one more point: Several large state-owned banks in China were confiscated by the CCP from private hands during the early years of its rule. We will tell you this story in the future.

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