Do China’s banks have the requisite money to lend the economy out of trouble? Photo: Reuters
Do China’s banks have the requisite money to lend the economy out of trouble? Photo: Reuters

Chinese banks may not have enough capital to lend economy out of slowdown, says Fitch

  • ‘Banks’ earnings in the past few years have only been able to sustain their [required] capital adequacy levels,’ said Fitch executive Grace Wu
  • Beijing is leaning further on the private sector to buffer the slowdown and is requiring banks to lend more to these firms, without raising borrowing costs

Do China’s banks have the requisite money to lend the economy out of trouble? Photo: Reuters
Do China’s banks have the requisite money to lend the economy out of trouble? Photo: Reuters
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