May 14, 2025

40 Banks in China Facing Bankruptcy – Here’s Why

1 min read

China is witnessing a surge in bank failures with 40 banks already facing bankruptcy, driven by a declining property market and poor risk management. Recently, 40 small banks were absorbed by larger institutions in just one week, a scale of consolidation not seen since the savings and loan crisis of the 1980s and 90s, according

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Source: Bitcoin World

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