2min chapter

Bitcoin Rapid-Fire cover image

30 Years in China: A More Nuanced Comparison Of Socio-Economic Approaches Between China and 'The West' w/ Peter Alexander

Bitcoin Rapid-Fire

CHAPTER

The Shadow Banking Industry and the Property Market

After 2017, essentially shadow banking and what was really big was peer-to-peer lending. The Chinese investor is a very unique sort of investor when they look at how they allocate. 90% of Chinese investable assets will go into short duration, highly liquid, you know, low yielding but safe product. And then 10% is like swinging for the fences. What's the hottest ticket in town? They could lose it all.

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