My comments on this previously:<p><a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=10601219" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=10601219</a><p>TL;DR China&#x27;s financial system is partially privatized central planning so it follow different patterns than the Western financial system.