Red Ponzi’s Shadow Banking System Collapsing—Ministry Of Truth Forbids Reporting Of Bad Economic News

China’s Shadow-banking system is collapsing (and with its China’s economic-fuel – the credit impulse), it’s equity market has become a slow-motion train-wreck, its economic data has been serially disappointing for two years, and its bond market is starting to show signs of serious systemic risk as corporate defaults in 2018 hit a record high.

 

https://www.zerohedge.com/news/2018-10-01/chinas-ministry-truth-blocks-bad-economic-news-reporting-growth-slumps