China closes record number of banks as economic growth slows

T1Covered by 1 source · first reported by Semafor (filter tech) at 04 Oct, 22:34 UTC

China closed a record 670 banks last year, or nearly one in four lenders, as Beijing pushes to de-risk amid slowing economic growth.

Sources

• T1China closes record number of banks as economic growth slowsSemafor (filter tech)04 Oct, 22:34