9% pa. guaranteed by a bank is amazing in a strong currency like the yuan. It is not a ponzi per se since money actually flows into real investments; however t

9% pa. guaranteed by a bank is amazing in a strong currency like the yuan. It is not a ponzi per se since money actually flows into real investments; however there is probably a "systemic" risk at the level of the Chinese economy as whole. Funny that this excellent documentary is made by the Japanese national TV channel NHK. There is quite contrast between China and Japan today wrt. speed, risk taking and growth.