Once a poster child for China’s regional banks, Bank of Jinzhou became the centre of storm in the country’s banking industry. Photo: Baidu

Saga of China’s Bank of Jinzhou raises questions about the health of Chinese banking sector

  • China’s troubled Bank of Jinzhou is seeking to raise 6.2 billion yuan (US$866 million) just two months after it secured a 3 billion yuan (US$419 million) bailout
  • Problems at the company cast a spotlight on the risks facing regional lenders in China’s banking sector
Topic |   China economy

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Once a poster child for China’s regional banks, Bank of Jinzhou became the centre of storm in the country’s banking industry. Photo: Baidu
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Zhou Xin

Zhou Xin

Zhou Xin co-leads the political economy team at the Post. He mainly covers economic stories but also writes about Chinese politics and diplomacy. He has previously worked for Reuters and Bloomberg in Beijing.