Keep up the good work. A lot of sweaty city fans and it’s disheartening to see the internal drama amongst the fanbase. You’ve been spot on thus far, but more importantly, you’ve been a sensible voice that aligns with all public information of how CFG operate as a business and institution. Id rather put faith in your insights than external actors with varying interests.
Chinese don't use credit like us Americans. It's a cultural thing, and they typically park their wealth in real estate.
There's a lot of wealth flowing around China, and those with cash will funnel it through blackmarket exchanges where individuals with RMB will exchange with individuals that need RMB but have USD. It is very very common but obviously not legal in the eyes of the CCP.