China’s central bank and the China Banking and Insurance Commission say they are launching a ‘de-risking’ campaign. Photo: Bloomberg China’s central bank and the China Banking and Insurance Commission say they are launching a ‘de-risking’ campaign. Photo: Bloomberg
China’s central bank and the China Banking and Insurance Commission say they are launching a ‘de-risking’ campaign. Photo: Bloomberg

China vows to crack down on high-risk banks as economy’s post-coronavirus rebound slows

  • Chinese regulators are launching a financial ‘de-risking’ campaign including anti-corruption investigations and macroprudential stress tests
  • Beijing is concerned about the rising number of bad assets from China’s years-long economic slowdown and the pandemic shock last year

Topic |   China economy
China’s central bank and the China Banking and Insurance Commission say they are launching a ‘de-risking’ campaign. Photo: Bloomberg China’s central bank and the China Banking and Insurance Commission say they are launching a ‘de-risking’ campaign. Photo: Bloomberg
China’s central bank and the China Banking and Insurance Commission say they are launching a ‘de-risking’ campaign. Photo: Bloomberg
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