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Cryptopolitan 2023-12-12 19:40:19

U.S. House Panel flags China war risk for banks

Amidst escalating global tensions, the U.S. House of Representatives’ China committee has recently thrown a spotlight on an unsettling scenario: the resilience of American banks in the event of a conflict with China. The committee’s report, a comprehensive document reflecting deep concerns over the U.S.-China power dynamics, underscores the imperative for the Federal Reserve to

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