China’s rural banks are disappearing as independent institutions amid high bad-loan levels and a government push to reduce and restructure smaller lenders.
Tagged By finance
China’s banking shake-up: 670 lenders vanish as Beijing moves to contain financial risks
China closed a record 670 banks in 2025 as Beijing consolidated weaker rural lenders amid rising bad loans and slower economic growth.
China closed 670 banks in 2025 in major financial consolidation
Nearly all of the shuttered lenders were rural banks, which Fitch Ratings calls the weakest part of China’s banking system …
China shuts hundreds of banks as Beijing moves to shore up its financial system
Beijing shuttered 670 mainly rural banks last year in a bid to create fewer, larger and better-capitalized lenders.
China’s finance minister on fiscal policy
Article by Finance Minister Lan Foan in party journal suggests Beijing is relying on targeted fiscal support rather than big new stimulus to support economic growth This article was translated from …
China’s current account imbalance has no quick fix
Trade protectionism overseas and short-term fiscal policies at home will not lead to a structural rebalancing of the Chinese economy …
China Shutters Nearly 25% of Its Banks Amid Oversight Push
China has reportedly closed almost 25% of its banks amid increased oversight of smaller lenders. The world’s second largest economy shuttered a record …
The fiscal fallout from China’s property bust
Beijing’s debt swaps have eased the pressure on local governments, but only deeper fiscal reform can stop China’s property bust from destabilising the wider economy …
Why China’s disappearing banks are a bad sign
More than 670 Chinese lenders – a record – shut down last year, as rating agency Fitch says smaller players remain the sector’s weakest link in a slowing economy.
Beijing Zhongke WengeAI Science And Technology (SEHK:1956) Jumped 7%, Is It Fully Priced?
Beijing Zhongke WengeAI Science and Technology (SEHK:1956) drew attention after a sharp 7.4% gain in the latest session, a move that contrasts with its weaker performance over the past month and past …
China Eyes More Targeted Fiscal Support After Growth Slowdown
China is mulling additional fiscal policies to reach its growth target for 2026, according to the country’s finance minister, as the world’s No. 2 economy contends with a slowdown.
China’s financial opening loses another friendly face
China’s investigation into Fang Xinghai, the former vice chairman of the China Securities Regulatory Commission, has implications beyond domestic anti-corruption politics. Fang was a Western-trained, …
Solana Co. chairman says China will find a way to manage crypto
Solana Co. chairman Joseph Chee says China will gradually find a way to manage crypto, with Hong Kong’s licensing regime as a testing ground.
