Head of China’s banking supervision predicted

The head of China’s banking supervision predicted a new world financial crisis

The world may face another global financial crisis in the next five years, said director general of the Commission on the China Ming Liao banking. Economy not soon return to pre-crisis levels

?His pessimistic forecast Min Liao said at the summit on the global agenda of the World Economic Forum in Abu Dhabi. Interview with Director General of the Commission for the China Banking Regulatory published on the Forum website.

According to Liao Min, over the next five years, the world will face another financial crisis. “The reason is that most of the problems related to the financial crisis in 2008, remained unresolved,” – said General Director of Regulatory China Banking Regulatory Commission. Read more (click source)

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