Re:Reasons the banking crisis isn’t a repeat of 2008
by nonethewiser on Saturday March 25, 2023 @09:28AM
(#35302430)
Every country has a single regulatory framework. Unfortunately for China 1 person can completely rewrite it.
China has a larger domestic market. The downside is the domestic market is still relatively poor and its state controlled by a uniparty government. When tough decisions need to be made, the CCP will protect the CCP over China.
China has a larger domestic market. The downside is the domestic market is still relatively poor and its state controlled by a uniparty government. When tough decisions need to be made, the CCP will protect the CCP over China.