2min chapter

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Restrictions On Investments Into China Are Imminent | Harald Malmgren & Nicholas Glinsman

Forward Guidance

CHAPTER

How Close Is the US Financial System With China?

The US financial system is very closely tied to China. The problem is that a large part of our lending and investing is done by unregulated non-bank lenders, says Harold Ickes. "It looks like the floor of China is diminishing at the moment," he adds.

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