The development of banking in Asia is comparable to that of the United States, but the development of banking in Southeast Asian countries can't keep up with the progress of the United States, even worse than that of the United States. After all, the economic development level of these countries is far lower than that of the United States. During the epidemic, because people need to protect and strengthen home isolation, the liquidity of the banking industry will be greatly reduced, leading to a sharp decline in the profits of many banks, and even a cliff-like decline.

Of course, China's economic development has also been affected. However, the development of China's banking industry is still relatively good, because the country has taken a series of measures conducive to economic development in the face of the epidemic, such as increasing infrastructure construction and providing loans by banks in many places. In this way, although the economic development has not reached a good level, the signs and upward momentum of economic recovery have been maintained. This is a very good thing.

The development of European banking industry has declined greatly, mainly because of the epidemic. In the face of the epidemic, different countries have taken different measures, but this is for the national economy, not the development of the banking industry. Because some banks have some problems, especially those that violate the law, people lose confidence in them, which makes the development of the banking industry more difficult. They deserve it, but the supporting role of the banking industry in economic development remains undiminished.

The same is true of the banking development in Australia. It can be seen that the world is really connected, otherwise, there will be no similar phenomenon. As long as a region's economy or an industry fluctuates, it will be reflected in other countries and even the whole world. Whether this epidemic will lead to a global economic crisis is not easy to draw a conclusion, but it is known that the economies of all countries will decline to varying degrees. what do you think?