CHINA’S regional banks could incur a capital hit of 2.2 trillion yuan (S$416 billion) from a growing debt crisis in the nation’s local governments, according to S&P Global Ratings.
- Advertisement -
CHINA’S regional banks could incur a capital hit of 2.2 trillion yuan (S$416 billion) from a growing debt crisis in the nation’s local governments, according to S&P Global Ratings.
