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TexasTowelie

(116,809 posts)
Wed Sep 27, 2023, 10:54 PM Sep 2023

How Shadow Banks are Exacerbating China's Economic Crisis - TLDR News Global



China's economy isn't having a great time at the moment. Despite the CCP announcing a series of measures last week, the economic prospects aren't really improving, and China's shadow banking sector is showing signs of stress. In this video, we explain the shadow banking sector, why it's the biggest in the world, and why it could worsen China's economic crisis.
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