China’s Henan bank scandal not just a financial crisis, it may be a lasting political calamity: analysts

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[–]HiddenFox[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

Next to impossible to get anything on this. Zero coverage on any western media.

[–]chottohen 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Here's an Indian perspective. About a minute in she turns to "possible recession in China." But "heatflation" is the dominant story.

[–]Insider 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Western media said banks ran out of money two months ago apparently, but no one in China noticed

[–]Anman 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

If you want more there are plenty of chinese youtubers and people that follow this stuff on youtube.

Which, when you say out loud, is actually quiet interesting.