XacBank's Stent on the Transformation of Chinese Banks

The video discusses the centralized political system in China and its impact on debt management, highlighting the transformation of Chinese banks from 2003 to 2016. It contrasts the market socialist system in China with the American capitalist system, emphasizing the role of state-owned enterprises and the state's ability to intervene in economic outcomes. The video also covers the proactive regulatory approach in China, focusing on banking stability and risk aversion.

What are some of the tools the state has to resolve banking problems?

What emphasis does the Chinese banking system place on risk management?