In China, numerous people are removing their money from the state banks and lending it out themselves. The interest rate received in a state bank account is about one-half the rate of inflation. Instead of loaning money to friends and relatives and even unrelated entrepreneurs can often earn the investor double or more over the inflation rate. The gray market a covert network of investors and private businesses moves the cash from lenders to businesses. Judge whether marketing happened in this situation and justify your conclusions. Appraise the efficiency of government regulation in controlling markets.