This Is China’s Lehman Brothers Moment — First In Chinese History

China’s “safest” industry just exploded. Tianan Property Insurance has defaulted on 5.3 billion yuan — the first insurance bond default in Chinese history. For decades, ordinary families believed banks could fail but insurance never would. That illusion is gone.In this video, I break down how China’s last “safe haven” turned into a ticking time bomb — how insurers gambled on real estate, local debt, and stocks, and why this marks the end of financial trust in China.