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Continue to ChatThe Chinese banking system is built on quicksand and that's the one thing a lot of people don't realize. [...] Everybody seems to think it is a free and clear open checkbook. It's not. [...] The banking system in China is extremely fragile. - James Chanos from https://whatsmyquote.com/quote/the-chinese-banking-system-is-built-on-quicksand-and-that-s-the-one-thing-a-lot-of-people-don-t-realize