World NewsEnglish • 8 months ago

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

www.businessinsider.com

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

www.businessinsider.com

World NewsEnglish • 8 months 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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The Snark Urge
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1•8 months ago
It would have to be done very carefully and quickly, so that there is no chance for brinkmanship.
- @Zevlen
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  8 months ago
  deleted by creator
  - The Snark Urge
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    2•8 months ago
    Can I help you?
    - @Zevlen
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      8 months ago
      deleted by creator
      - The Snark Urge
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        2•8 months ago
        Might be an idea to brush up on the cold war, while you’re at it. We’re still in it.
  - @Zevlen
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    1•8 months ago
    deleted by creator

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