Is China cutting off it's nose to spite it's face in regard to arresting investment officers?

I think this is a case of the right hand not realizing what they left hand is doing. My fear all along is a too big to fail bank in China failing and the whole world economic system collapsing because of this.

The government of China obviously doesn't know what it is doing because their actions could precipitate the collapse of every government on earth when too big to fail banks start collapsing one by one.

So, I see the actions of the Chinese government potentially precipitating another world Wide Great Depression because the people arresting everyone likely have no education in finance of how things actually work.

I think it is presently that about 6 of the 10 biggest banks on earth are Chinese.

So, if one or more collapses what kind of firewalls do the American and European banks have from the Chinese problem?

However, the other side of this is: "Even if a Chinese bank collapsed the only way we might know it in the western world is that those banks leaders would disappear and never be seen ever again!