China Facing Banking Crisis as Deposits Can't be Withdrawn and Shadow Banks Collapse

China Facing Banking Crisis as Deposits Can’t be Withdrawn and Shadow Banks Collapse

China’s economy has taken yet another blow. With some of the biggest shadow banks in the country defaulting on payments, the way forward looks confusing. But the real question is if there is even a way forward.

The answer is a little more complicated than just yes or no. Let’s find out.

In today’s video we look at China Facing Banking Crisis as Deposits Can’t be Withdrawn and Shadow Banks Collapse

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