# Building the First Bridge May Be Wise—But the Tenth? Financial Expansion Created China’s Current Problems

https://mins.news/en/video/48939

- VOA Chinese, 2026-09-08 00:00 UTC
- Economy
- Original: https://www.youtube.com/watch?v=wooqe-i_PdM

> China’s Ministry of Finance announced a 360 billion yuan business-support program, described as one of the government’s largest interventions in the banking sector this year. Logan Wright of Rhodium Group says China’s credit-dependent, investment-led economic model has ended and traces its current problems to financial-sector expansion that began in the 2000s.

## Stories

- [China’s Financial System and Economic Policy](https://mins.news/en/topic/china-financial-sector-and-economic-policy) — Markdown: https://mins.news/en/topic/china-financial-sector-and-economic-policy.md

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