Bank runs are happening all over China. It’s important to note that the Chinese banking system represents 350% of Chinese GDP (on balance sheet) while the U.S. system is only 100%. One of the largest lending categories of Chinese banks is real estate…Chinese property 1/3 https://t.co/OOcpu078Zb
— 🇺🇸 Kyle Bass 🇹🇼 (@Jkylebass) July 11, 2022