Three reasons why China’s banks are fragile – Victor Shih

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victor shihVictor Shih by Fantake via Flickr

Despite three trillion US dollar in foreign reserves, China’s banking system is more fragile than you would think when you look at that figure only, tells Victor Shih at the Institute for New Economic Thinking. Much of China’s wealth is concentrated with very few. (h/t Creditwritedowns.com)

 

Victor Shih is a speaker at the China Speakers Bureau. When you need him at your meeting or conference, do get in touch.

 

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