Presentation German Embassy Canberra

Pascal vander Straeten; 6 June 2012

Defaults Rising In Shadow Sector linked to real estate.

Savings Chinese households melting away, and shadow banks suffering from huge refi risk.

Trusts as well as corporates falling into bankruptcy as their access to funding is shut off, and hence are laying off millions of Chinese workers.

Traditional banks asset quality in free fall, resulting in massive capital shortfalls. Global confidence crisis towards China is erupting.

Economic annual GDP growth falling below 3% combined with massive unemployment, and socio-economic chaos.

Social unrests and protests are spinning out of control jeopardizing the legitimacy of the CCP, and hence the existence of the current political regime.

CCP regime put military back in charge leading to violent confrontations w/ neighbours and martial law inside the country.However some army garrisons take side of vox popoli …

China’s Falling Dominoes

Taiwan (Republic of China) reclaiming sovereignty over mainland w/ help of Japan, Korea, India, and U.S.A.

Q&A