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The feeling of hopelessness, for example, comes from the idea that it is certain nothing good is on the way. People with depression feel more anxious about uncertainty than people who don’t have depression.īut some psychologists question the connection between fear of the unknown and depression, because depression is viewed as a sense of certainty. Children with anxiety disorders seem to be particularly vulnerable. This led researchers to conclude that these individuals were more sensitive to anxiety about the unknown. They found that those with social anxiety disorder and specific phobias blinked more and harder when they were anticipating an unknown, unpleasant experience. In a 2016 study, researchers tested the startle reflex by subjecting 160 adults to unpredictable sounds and shocks. If you have a fear disorder, you may be more susceptible to the fear of the unknown. Those individuals include people with: Anxiety and fear disorders That includes state commercial lenders like the Bank of China, Industrial & Commercial Bank of China or ICBC, China Construction Bank, and the Agricultural Bank of China as well as policy banks like the China Development Bank and the Export-Import Bank of China.Although anyone can develop a fear of the unknown, behavioral scientists have found that some groups of people may be particularly vulnerable to this kind of anxiety. "Just as China has 'shadow banks' - financial institutions that act like banks and take the kind of risks that a bank might normally take but aren't regulated like banks - China has might be called 'shadow reserves.' Not everything that China does in the market now shows up in the PBoC's balance sheet," he said.Ĭhina's state banking system is the main way Beijing hides its reserves, Setser said.

Setser, who previously was deputy assistant Treasury secretary for international economic analysis and is now senior fellow for international economics at the Council on Foreign Relations, has an idea of what's going on. But over the last 10 years, China's reserves stopped rising, which is puzzling as China's trade surplus has continued growing, and currently stands at an all-time high, he said.
