China considers $28 billion in funding for troubled banks

Author: Adam Button | Category: News

China to consider backstop

China is considering using 200 billion yuan to address risks in the banking sector, according to Bloomberg. It will be used for measures including recapitalization for small-and-medium sized lenders.

For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose