World News@lemmy.worldEnglish · 9 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 · 9 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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Aurenkin@sh.itjust.works
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9 months ago
You mean if you can pick up enough speed in the transverse direction you can circle around it and never hit it?
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  Use the debt’s gravity well to slingshot into the stratosphere!

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