Tag Archives: U.S. bank

Why China won’t take over U.S. banking system

If the Fed’s decision to allow a Chinese bank to buy a U.S. bank has you worried about a communist takeover of our entire banking system — stop worrying.

China isn’t about to “play a meaningful role in the U.S. any time soon,” according to a Forbes report.

Five Reasons China’s Banks Are Not Taking Over The U.S. Banking System

Forn those who prefer a paranoid view, here’s Michael Savage on the Fed’s decision.