Another Bank Run Highlights China’s Brewing Financial Crisis

Another Bank Run Highlights China’s Brewing Financial CrisisA regional lender has become the latest victim of the growing liquidity crunch in the world’s most populous country. Yingkou Coastal Bank, operating in the northeastern Chinese province of Liaoning, is the second institution within less than a month to see its financial stability threatened by frightened savers. That happens while small Chinese banks are […]

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Author: toutiao