Amid a real estate meltdown, high debt, and soaring unemployment, Chinese banks are facing the most significant fallout in an upcoming financial crisis. Many of these banks are effectively bankrupt, but the Chinese government has kept them afloat to minimize the risk of social unrest if banks were to shut down. Let's delve into the hidden truths of Chinese banks and understand why they are on the brink of collapse.
1). Why China's commercial banks are bankrupt (From State-owned banks to rural commercial banks)
2). How the Chinese government is hiding it
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Why China’s banks are already bankrupt
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lei's real talkleis real talkreal talkChina newsus chinachina newschinese peoplechina news updatechina economy crisischina economychina economy updateChinese bankschina unemploymentchina debtchinese bank debtchina real estate collapsechinese real estate bankruptChinese governmentchinese communist partychina commercial bankschinese economy datarural commercial bankschina state owned banksccp governmentLei channel
