A man walks past a building with an advertisement for Baoshang Bank, in Beijing in September 2018. Photo: Reuters
Hao Zhou
Opinion

Opinion

The View by Hao Zhou

How the Baoshang Bank takeover triggered a confidence crisis in small financial institutions and created a cash crunch in China

  • Since May, when the tiny Baotou-based bank prompted regulatory intervention, bigger financial institutions have had reason to question whether smaller counterparts are worth the risk

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A man walks past a building with an advertisement for Baoshang Bank, in Beijing in September 2018. Photo: Reuters
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