A scandal at four rural banks in Henan province and one in neighbouring Anhui has cast the spotlight on latent financial risk in China. Photo: Weibo
A scandal at four rural banks in Henan province and one in neighbouring Anhui has cast the spotlight on latent financial risk in China. Photo: Weibo

China’s banking crisis draws fresh scrutiny as economic slowdown highlights emerging risks

  • China’s banking regulator is pressing ahead with ‘risk disposal’ at small- and medium-sized banks to protect public savings
  • A rural banking scandal, which has drawn rare protests, has highlighted latent financial risk facing China’s slowing economy

A scandal at four rural banks in Henan province and one in neighbouring Anhui has cast the spotlight on latent financial risk in China. Photo: Weibo
A scandal at four rural banks in Henan province and one in neighbouring Anhui has cast the spotlight on latent financial risk in China. Photo: Weibo
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