https://apnews.com/article/china-taiwan-c644037239421566b4c5e1e097c3b1f4
Some interesting developments in China of late, seems all is not rosy. I imagine there are some very nervous bankers in China at the moment, never a good look for any bank to prevent withdrawals is it. Looks contained to just a few provinces for now but who knows how it will evolve as the property debt crisis continues. Certainly glad I am not financially exposed to China ;D
yeah and TANKS? I mean, are they expecting depositors to turn up with an armoured assault? Also, are the tanks covered by artillery?
But seriously, I am watching for the Chicoms to kick off the next credit crisis
Chinese central bank rate cut...might give the market jitters...