Kyle Bass is a investor and analyst with his own Youtube channel but he’s on American Thought Leaders – The Epoch Times here talking about the Chinese problem.
https://www.youtube.com/watch?v=DOFwxcb0Bjc
He seems to be anti-Trump in some comments but that may be an act. Maybe he has not guessed how much 5D chess is happening in the White House’s public persona. Trump is after all an actor, So was Reagan. Sometimes it takes an actor to play the role.
The indications is that China’s GDP is a lie and is only 2% or so. China needs US dollars and is in a dollar funds crisis. No one wants RMB.
Hong Hong damages China, particularly the communist party, no matter what happens. Back down embarrasses the party and expands the rebellion but a crack down would kill the Hong Kong banks and they are the main channel for US dollars into China.
The next step is forcing China to comply with US audit laws to get US investment (US dollars), which China can’t do.
[I would add that a China audit crisis would crash the left of Wall Street. A China audit compliance act is in Congress. The left thinks it will crash Trumps stock market. Kyle bass thinks Trump will not want a stock market crash on his watch, but I think Trump wants to be rid of those left wing corporations on Wall Street, many voters are sick of the left of Wall Street too and so Trump would weather the result before the 2020 election. A crash activates some legislation congress has already passed and Trump’s signed but I doubt Nancy read it.]
This is not investment advice; I’m broke! lol.