Plus understanding, Chinkland was already in deep shit way before this crisis was even conceived.  https://commodity.com/debt-clock/china/ So, that would be 5 trillion US and counting, plus local financing vehicles (15 trillion) plus shadow banking (much of it is in US$ denominated. What happens when CNY drop another notch in the coming months to a year? PAIN)  https://www.cnbc.com/2019/04/11/shadow-banking-is-now-a-52-trillion-industry-and-posing-risks.html Or 8-10 TRILLION Dollars, probably more. depending on how shadowbanking is calculated. But shadowbanking + local vehicles = 52 Trillion.    Unfunded Liabilities? 10 Trillion? At least in 2011 it was 348 billion estimate. And the reitrees group would grow from 120 million to 320 million in (2050) With this in mind, when investment money is taken out, it will usually have an effect on the stock exchange. Less money chasing investments profits, or rather, more investment stock on offer.  Phase 1 tradedeal must be coming online. Meaning, China continues to be bled of money. In effect, Potus is balancing the books with agriculture.  While reorienting the supply chain, meaning, China is losing it's preeminence as a production powerhouse, while not ready to move into domestic demand + services economy, will see a growing unemployment, and thus less domestic tranquility.  This is the Chinks biggest fear.  In total it means that what has underpinned the shadowbanking system, the local financing vehicles, the stockmarket, is evaporating .....Not only from a US point of view, but Japan does it, India does it, South Korea does it, even in the EU it is being discussed..... Then Tradedeal Phase 2 ..... So, Chinland is in deep, very deep doo doo.  They know it.