You missed get my point.

My point was not where the money is from. Of course the money eventually is from tax-payers, whether it's the US or China.

My point is that the purpose of FDIC was to keep deposits safe, not to keep banks from failing. MOF in China's primary concern is to keep banks from failing and of course depositors benefit, to some extent, through these banks not failing.

From the depositors point of view, there is no difference, assuming that FDIC or MOF never fail themselves. But what should also be said is that will the U.S. government repeatedly support banks whose bad loans make up 40-50% of their total assets without any kind of real supervision or hope of fund recovery? Banks like that should fail; but somehow such banks in China are kept alive for political reasons.

In the US, deposits are kept safe while non-performing banks are let to fail, their assets sold and later better used by others.

In China, Banks are kept safe for political reasons even though they are not profitable and will not be profitable in their current states and will only suck more of tax-payers' money in the future.

That is the difference.