Chinese Banks Are Frantically Cutting Loans Most On Record -- Eurodollar University

China just held its National People's Congress amidst more economic and financial turmoil than at any time in its modern history. Two things quickly became clear: Xi Jinping continues to insulate himself politically from any potential fallout; his government has no idea what to be about it. The latest data from Chinese banks and the country's housing market highlight the gravity of the situation and how little policies are helping.

Eurodollar University's Money & Macro Analysis

Source: https://www.youtube.com/watch?v=xneDzdQdqGw