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The first 500 people to use our link will get a 1 month free trial of Skillshare https://skl.sh/tldrnewseu07241 Buy a copy of Too Long: https://www.toolong.news Learn more about Too Long: • Too Long Q&A As you already know, for the past few years, China has been battling a property crisis. But, a few weeks ago, a series of banks seemingly collapsed into a larger bank, raising the question of whether the property crisis is even worse than we thought. 🎞 TikTok: / tldrnews 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: / tldrnews Donate by PayPal: https://tldrnews.co.uk/funding Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! 1 - https://www.spglobal.com/marketintell... 2 - https://www.rba.gov.au/publications/b... 3 - https://www.economist.com/finance-and... 4 - https://www.ft.com/content/d91153fd-a... 5 - https://www.ft.com/content/901bc68e-a... 6 - https://www.economist.com/finance-and... 7 - https://www.ft.com/content/260e7cbd-a... 00:00 - Intro 01:06 - China's Banking System Explained 03:21 - China's Banking Crisis Explained 04:12 - How the CCP Used to Fix Bad Banks 05:22 - The New Strategy 07:39 - Sponsored Content