Opinion: What China Can Learn From SVB’s Collapse
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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