Chinese banks

Chinese banks face liquidity crisis

China's surplus savings, the single most important factor upholding the nation's financial stability, have been eroded by excessive loans and biased lending policies.
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This way to the underground lending market (ImagineChina)
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<div style="text-align: left;"> This way to the underground lending market (ImagineChina) </div>

Much has been written about China’s surplus savings. The pile of deposits has been the single most important factor supporting China’s financial stability through more than a decade of reforms and commercialisation. However, the cash cushion has thinned considerably during the past couple of years, according to Fitch Ratings.

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