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China's Banking System Headed for Crisis, Reports Say

45 点作者 mathgenius10 个月前

4 条评论

redserk10 个月前
We’ve had articles on China’s impending financial collapse for over two decades at this point. So call me skeptical.<p>I wonder if this is because the US tends to take a hands-off approach until it’s too late, usually prompting an overcorrection, while China seems at least a bit more proactive.<p>I’m very curious if anyone has credible studies explaining how the Chinese financial sector seems to survive through the persistent claims of impending failure.
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everybodyknows10 个月前
&gt; The government is likely to further push for mergers among banks to solve the problem because Beijing lacks a proper mechanism for banks to leave the market.<p>A forced merger exactly <i>is</i> the mechanism by which the US FDIC removes failing banks from the system. There&#x27;s a sort of auction offered over the weekend to potential acquirers, with the FDIC subsidizing the deal if necessary, and shareholders of the acquired typically wiped out.
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hker10 个月前
Possibly related articles on the recent issues with banks in China:<p>* China&#x27;s banking turmoil: 40 banks vanish, Jiangxi leads collapse: <a href="https:&#x2F;&#x2F;www.msn.com&#x2F;en-ie&#x2F;money&#x2F;other&#x2F;china-s-banking-turmoil-40-banks-vanish-jiangxi-leads-collapse&#x2F;ar-BB1pKGjU" rel="nofollow">https:&#x2F;&#x2F;www.msn.com&#x2F;en-ie&#x2F;money&#x2F;other&#x2F;china-s-banking-turmoi...</a> | <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=40944836">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=40944836</a><p>* Small banks in China are running into trouble. Savers could lose everything: <a href="https:&#x2F;&#x2F;www.cnn.com&#x2F;2022&#x2F;06&#x2F;23&#x2F;economy&#x2F;china-bank-runs-protests-intl-mic-hnk&#x2F;index.html" rel="nofollow">https:&#x2F;&#x2F;www.cnn.com&#x2F;2022&#x2F;06&#x2F;23&#x2F;economy&#x2F;china-bank-runs-prote...</a>
gs1710 个月前
&gt; A major Taiwan newspaper with anti-Beijing leanings is reporting that nearly 40 banks have disappeared in recent days, merging with larger institutions, and that as many as 3,800 banks are in varying levels of trouble.<p>40 banks disappearing is really not much (unless you had money at that bank) given the scale the same sentence implies. Looking it up, 40 is less than 1% and these are small banks. I&#x27;d presume this isn&#x27;t that big a deal.
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