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Highest daily covid infections in 6 months for Mainland china
China’s Long Lockdowns Struggle to Contain Growing Outbreaks Source: Bloomberg, C.Barraud
#china #banking
Banking assets in China have grown 7 fold since the Global Financial Crisis. That completely dwarfs the growth of other major economies. China’s banking assets are almost 3x of its GDP. Hong Kong is close to 9.3x today. Source: Crescat Capital, Bloomberg
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