https://news.bitcoin.com/liquidity-difficulties-in-china-second-bank-bail-out-now-reality/
In the past year or so, there have been signs that the Chinese banking
system is becoming more indebted and less liquid. Almost two dozen banks
are now late with their annual reports for 2018, a strong indication
that their balance sheets may not look very pretty. Most of them are
small and medium-sized institutions with regional importance but put
together they form a sizable market share. Also, they lend capital and
provide services to a great number of enterprises and individual account
holders.
Don't kid yourself China is hurting and much more than the US..
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