China’s small banks have no bid as the world knows they are all insolvent collections of terrible loans to unprofitable businesses.

October 16, 2019October 16, 2019 by IWB

Not just bank, their local gov is in deep trouble too. pic.twitter.com/Nr6MGcVuxU

— Einhander😷 (@ZeroGravityGAF) October 14, 2019

China's economy is facing immense assets and loan crisis now.

Banks cannot repay their debts. Rich people from China are converting their RMB into USD assets and hiding them in US offshore banks !t.co/bn0kdPTUdA

— Ainz (@ainzoolfong) October 14, 2019

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