Tag: state banks

China is contemplating a 1 trillion yuan capital injection into major state banks to support a faltering economy. This unprecedented move since 2008 aims to enhance banks' lending capabilities, despite their already high capital levels and ongoing profit challenges.
Posted in Business

China to inject $142 billion capital into top banks as its economy struggles?

China is considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to support the…

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