Property News · September 3, 2022

China banking crisis: savers at risk as small lenders face ‘perfect storm’ of soured property loans, slowing economy


A debt crisis in the property sector and an economy hobbled by a zero-Covid policy have left small lenders struggling. This could spell trouble for millions of individual savers.

Source : South China Morning Post
Read more…China banking crisis: savers at risk as small lenders face ‘perfect storm’ of soured property loans, slowing economy