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China closes hundreds of banks to bolster financial system

China closes hundreds of banks to bolster financial system
Financial Times Sunday 04 October 2026, 02:00 UTC 1 min read
Key Points

More than 670 lenders, a record, shut down last year as Fitch says smaller players remain sector’s weakest part

More than 670 lenders, a record, shut down last year as Fitch says smaller players remain sector’s weakest part [Image text:] GED AOE COUNIGVEAS
China (LOCATION) Fitch (ORG)
Originally published by Financial Times Read original →

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