China's bank funding under pressure as........>

CHINA: China's bank funding under pressure as financial confidence drops (FT)

- Troubled banks in China are struggling to raise funds as concerns over the

health of the financial system grow and confidence in state-led bailouts

falters. China's banking system is facing its greatest challenge in nearly 20

years after years of runaway growth and mounting bad debt levels, which have

topped 40 per cent of loans at some small lenders. The government has had to

intervene in the operations of three local banks this year, starting with the

takeover of Baoshang Bank in May, marking the first instance of a direct state

takeover of a lender in two decades.

- Link: https://www.ft.com/content/7803731a-100a-11ea-a7e6-62bf4f9e548a