The New York Times: How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

Iniciado por FeedBot, Sep 30, 2023, 04:05 AM

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How China's Property Crisis Is Testing Its Too-Big-to-Fail Banks

Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.

Source: How China's Property Crisis Is Testing Its Too-Big-to-Fail Banks