Professor Lang stays on theme

Lang Xianping's comments have been called exaggerated, but he stayed on theme today with his latest Weibo post (Google translated):
Following the debt crisis in Europe and America, 15, World Bank and the IMF warned that China's banking crisis will occur, resulting in a large number of recent European and American banks reducing state shares in the four lines. This crisis of the Great Leap Forward from four trillion infrastructure, resulting in severe local government debt default, leading to banking crisis. For example, 82% of the bank credit and infrastructure-related. European and American debt crisis led global stock market crash, the local government in April began the default is an important reason for the impact of China's stock market.

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