Nine Chinese Financial Institutions With Over $1 Trillion Yuan In Assets Are Nationalized On The Same Day

Source: https://www.zerohedge.com/geopolitical/nine-chinese-financial-institutions-over-1-trillion-yuan-assets-are-nationalized-same
Published: Jul 19, 2020
Author: Tyler Durden
Post Date: 2020-07-19 16:08:49 by Horse
Views: 46

Four insurers, two trust firms and three securities companies that managed a combined 1 trillion yuan ($143 billion) in assets represent Beijing’s first major regulatory move this year.


Poster Comment:

China has ambitions but their corruption and the Grand Solar Minimum which is reducing harvests will cause a collapse and rebellion. Their country is under flood conditions during the growing season.

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