• 09/20/2024

China’s cash-strapped small banks face limitatons amid shake-up, no one-size-fits-all fix

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Beijing has called for consolidation of China’s indebted and feeble local banks, with the central Henan province announcing its consolidation plans on Sunday.

https://www.scmp.com/economy/china-economy/article/3272501/chinas-cash-strapped-small-banks-face-limitatons-amid-shake-no-one-size-fits-all-fix?utm_source=rss_feed