In financial markets, is capital loss to investors a return cost?
2. If the bank's deposit and loan spreads widen, will disintermediation become more serious or tend to ease?
3. China once stipulated that cadres above the division level are not allowed to invest in stocks. Do you think this regulation is reasonable?
4. At the end of July 2022, the stock of social financing in China was 334.9 trillion yuan, and the total assets of the banking industry were 329.29 trillion yuan in the same period. Some people say that the difference between the two reflects the scale of non-bank financing. Do you agree with this view?
5. What do you think is the main reason for China's financial disintermediation?
6. Why is China's M2/GDP higher than the US?