Experts forecast bank crisis in China

Note: This section contains information in English only.
Source: Bloomberg
According to a poll by Bloomberg, majority of global investors forecast a banking crisis in China by the end of 2016 due to diminishing demand of Chinese shares and decreasing confidence in country's government. A crash of Chinese financial industry is expected until late 2016, 61% of those surveyed claim. Decreasing home sales, record-weak manufacturing data and diminishing export growth are major reasons for doubt in future rapid expansion of Chinese economy.
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