An employee reaches for a bundle of 100 yuan banknotes at a branch of Bank of China in Hefei, Anhui province September 17, 2010. Photo: Reuters

China’s regulators to support smaller banks to limit financial contagion from burgeoning bad debt, PwC says

  • China’s regulators to step up support of smaller banks most vulnerable to rising NPLs, PwC says
  • State-led seizures, liquidity injections to limit financial contagion
Topic |   Banking & Finance

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An employee reaches for a bundle of 100 yuan banknotes at a branch of Bank of China in Hefei, Anhui province September 17, 2010. Photo: Reuters
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