China is merging hundreds of small banks to fend off financial stress

www.businessinsider.com

165

China is merging hundreds of small banks to fend off financial stress

www.businessinsider.com

Lee Duna to

World News@lemmy.worldEnglish • 1 year ago

2,100 banks could be affected as China looks to curb the bad loan environment of its rural communities, Bloomberg reported.

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@Kusimulkku@lemm.ee
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6•1 year ago
Yeah just make them too big to fail and they can’t fail

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