>>512529820 (OP)>>512530018You two have no idea what the fuck you are one about.
China set up a sytem where construction companies were paid 100% on speculation. They built whole cities, which are empty, but there is no demand for the new builds. It took the Chinese government nearly 10 years to realise this. over 40 fucking banks went under in a week when the government finally caught on and forced them to change direction. No one did anything because a big chunk of the countries GDP growth was all based on construction projects. Projects for literally fucking no one, all because the government paid for it...
The current scam is based on keeping out competition on new markets, like electric cars for example. The government is going to pay the tariffs allowing the Chinese companies to keep their prices lower than their competitors. It's why Trump REALLY wants those tarrifs in place. Investors are taking advantage of this and so are the banks, that's what were seeing here. When this fails they'll move on to some other scam.
The Chinese government never centralised the banks, weird that isn't it. Almost like they wont take liability, it's totally a free market.