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May L
China Observer
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Comments by "May L" (@MeiinUK) on "$9 Million Vanishes Without Any Reason! China's Banks in Big Trouble, Unsafe to Save Money For All" video.
Some of these are not even banks bank. They are just a company that handles a set fixed loan, or finances. It is like a finance dept. It doesn't seem to work like a bank bank. This is why, World Bank stated that China has a large shadow banking sector. And to be fair.. this is not any issue at all. As long as they ring fence this within their own home country, without impacting the rest of the world !!!!!! Cos then, you're talking world wars.
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You need to understand that, China, that is the PRC also had their own versions of actual "keretsuis". That is like, a vertical upwards cluster of companies and supply-chains. So then, it acts like an independent sole cluster of sustainable finance. Do you know whereby... the continuous.. talk of "one china principle".. I do wonder, if they are trying to dismantle these kind of self sufficient clusters.. in order to actually... desire to integrate with the other parts of the countries' finances or whatever it may be. I do wonder. But what is the point of this? To me. It will benefit them, to diversify... i.e. To create and utilise their existing knowledge and integrate those, into actual businesses, within their own hometowns or provinces or whatever it may be. And end it as that.
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