China’s Hidden Banking Collapse: Leaked Memos, Vanished Officials, and the Phantom Bailout No One Talks About
The Calm Before the Storm Officially, China’s economy is “resilient.” The state media headlines call it a “soft landing.” The National Bureau of Statistics keeps posting rosy GDP numbers and upbeat forecasts for growth. But if you know where to listen, you can hear the cracks forming. In rural Henan, depositors gather at locked bank…