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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MORE VIDEOS RELATED:
“The HOUSING Market Will CRASH!” | Patrick Bet-David DESTROYS Dave Ramsey: https://youtu.be/PnChzYE3uwo
Jordan Peterson: Justin Trudeau’s Government Just DESTROYED Canada’s Future: https://youtu.be/eI1WFjKhEn4
“I’ve Been Told NOT To Talk About This!!” | Jordan Peterson: https://youtu.be/afKPyjk37tQ
►Subscribe for new weekly videos: http://bit.ly/MillionaireMentor
If you liked this video, please LIKE and SUBSCRIBE for more!
All footage used is licensed through CC-BY or from stock footage websites. All creative commons footage is listed below and is licensed under CC-BY 3.0:
Envato Elements – elements.envato.com
Filmpac – filmpac.com
Source: https://www.news9live.com/world/china/beyond-savers-money-henan-cash-crisis-threatens-confidence-in-chinese-banking-system-184182?infinitescroll=1
►Music by Audiojungle.
FAIR-USE COPYRIGHT DISCLAIMER
* Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
If you are the legal content owner of any videos used here and would like them removed, please contact miki@millmentor.com. Any infringement was not done on purpose and will be rectified to the satisfaction of all parties.
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