Caixin
Mar 20, 2023 08:23 PM
OPINION

Opinion: What China Can Learn From SVB’s Collapse

A security guard looks out a window as customers line up at Silicon Valley Bank headquarters in Santa Clara, California on March 13. Photo: VCG
A security guard looks out a window as customers line up at Silicon Valley Bank headquarters in Santa Clara, California on March 13. Photo: VCG

Editor’s note: The unexpected bankruptcy of Silicon Valley Bank (SVB) has sparked extensive discussions among China’s economists and financiers, covering topics such as the lessons China can learn from the incident and its possible ripple effects on the global economy.

An economist said that the U.S.’ response to SVB’s collapse can offer valuable insights to China’s banking industry, while a financier pointed out that it’s not likely that U.S. authorities will shift losses stemming from the resolution of failed banks to other countries.

Below is a roundup of the two experts’ viewpoints.

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