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China’s Banks Are FAILING, The Rest Of The World Will Follow…

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China’s Banks Are FAILING, The Rest Of The World Will Follow…

In less than two years after municipal lender Baoshang Bank, the first Chinese bank to fail in two decades, filed for bankruptcy, public confidence in the country’s banking system faces another threat following a freeze on withdrawals in five rural banks over the last two months.

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Source: https://www.news9live.com/world/china/beyond-savers-money-henan-cash-crisis-threatens-confidence-in-chinese-banking-system-184182?infinitescroll=1

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