So, it is on the one hand a question of how fast and how strong you act with the ultima ratio measure – that is, naming a bank failing or likely to fail – and on the other hand, when you act, you infringe on the laws of the investors because a bail-in means you expropriate.
The Third Plenum of the 16th CPC Central Committee held in October 2003 pointed out that, China will boost opening-up in full scale, improve institutional protection of opening-up, advance the facilities of trade and investment, introduce more and more advanced technology, management experiences and qualified personnel, strengthen the capability to participate in international collaboration and competition, develop service trade and continue to implement the “going out” strategy.