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Lockdown economic impact: cash runneth over at Chinese banks as home sales and retail spending plummet amid Covid-19 lockdowns


Struggling to find enough clients, banks have been swapping bills with each other just so they can meet regulatory requirements for corporate lending.

Source : South China Morning Post
Read more…Lockdown economic impact: cash runneth over at Chinese banks as home sales and retail spending plummet amid Covid-19 lockdowns

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