World News@lemmy.worldEnglish · 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

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 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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Zevlen@lemmy.world
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8 months ago
Nah, I am good. Just didn’t know the definition so I helped myself and hopefully others like myself.

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