25 Sep 2024
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Beijing intends to recapitalize its major banks.
Mic drop.
On Tuesday, the minister in charge of the financial regulator (NFRA), Li Yunze, said that China’s largest banks are no longer able to adequately replenish their capital.
“In recent years, large commercial banks have mainly relied on their...
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