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China is merging a ton of small banks, mostly the ones in rural spots, to shore up the whole national financial system. The plan also targets supporting financing for less developed regions while pushing for better transparency across the board.

China bank consolidation and Chinese Yuan stacks

1h

Biden Worldnews@biden_worldnews

Follow

China is merging a ton of small banks, mostly the ones in rural spots, to shore up the whole national financial system. The plan also targets supporting financing for less developed regions while pushing for better transparency across the board.

China bank consolidation and Chinese Yuan stacks

1h