[revealer]

China Shadow Bank’s Collapse Shows Wealth Wipeout Is Deepening

Quote: MONEY ALL GONE

Many of Zhongrong’s investors are private business owners like Shen and Steven Wang, who has a design company in Beijing and has invested 160 million yuan with Zhongrong. Some of the fellow investors’ businesses are struggling to survive, highlighting the spillover impact, he said.

“It’s not just our own families’ lives. When people don’t dare to raise money and don’t dare to invest, you can hardly have active markets,” Wang said in an interview in Beijing. “It has nothing to do with whether I have money or or not. I just have no confidence.”

https://www.bloomberg.com/news/articles/...ckout=true

[webinarian]

    
This fake white ahsan everyday shouting "China collapse".     

Enjoy your kissing of Trump's ass.  Trump also likes it.    

[revealer]

Zongzhi,  the parent company of Zongrong collapsed in 2023,  about 2 years b4 Zongrong declared bankruptcy.

https://www.asiafinancial.com/china-shad...0practices.

[cityhantam]

Based on many AMDK sexperts, already collapsed many years ago liao! 

[webinarian]

Zongzhi,  the parent company of Zongrong collapsed in 2023,  about 2 years b4 Zongrong declared bankruptcy.

https://www.asiafinancial.com/china-shad...0practices.

             
The story is almost 1 year old.   

Is it now so suddenly important to cause China collapse?   


  
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[WhatDoYouThink!]

There're about 5000 banks and 250,000 branches in china. What's there to worry about?

[watchfirst9]

There're about 5000 banks and 250,000 branches in china. What's there to worry about?

When debt implode, it will go down along with asset value. Tiong over value property will always has some value,
even if reach 50-60% of its peak price. 
But it will still be way better than digital money which is back by nothing.

Also while tiong quickly re finance  debt from short term high to long term lower rate
some did not 
https://www.youtube.com/watch?v=s_oCIKkp_3s