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R.Сам 🦋🐏 @Logo_Daedalus on x 54K followers
Created: 2025-06-17 16:49:46 UTC
The “private sector banks” are completely subservient to the Bank of China— they created a competitive market for specific policies ie: the agricultural bank, the foreign exchange bank, etc— all of which are under the supervision of the BoC. Economic policy is still decided by the State & not by a panel of private bankers.
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