Ten years after the financial crisis, the global economy has finally emerged from deflation, slowly recovering, and monetary policy is on track to normalize. In the West, "Shadow Banking" has become the main source of financing for the real economy because of the "zero lower” interest rate and the change of financial regulation policies. In China, the risk gathering of the second half of the financial cycle began to release, and the heavy debts of banks and the turmoil bond market are bringing m