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$61T At Risk: China Recaps Banks as Financial Crisis Fears Grow; US-China Commentaries - China Update
00:00 Introduction
00:12 Chinese Banking Sector | China Economy
06:49 US-China: Post Xi-Biden Meeting Commentaries
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The recapitalization of the banking sector is in effect a devaluation of the yuan. China continues to print money and carry more debt as they look for an escape from the morass they waded into with their flawed policies.
