Small Chinese banks go on funding spree amid rising pressure

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Small Chinese banks go on funding spree amid rising pressure

Renminbi_RMB_PBoC_575px_Adobe_29May20

China’s regional lenders have been busy tapping both the onshore equity and debt markets for capital this year, but a slew of recent rating downgrades serve as a warning that the pressure facing the country’s small lenders remains high. Addison Gong reports.

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