China considers $142 bn injection for state banks: vows to fix property sector
Beijing (AFP) Sept 26, 2024
Chinese leaders are considering pumping more than $140 billion into the country's large state-run banks in the first such move to support the flagging economy since the global financial crisis, a report said Thursday. Beijing has this week announced some of the strongest measures in years to boost activity in the world's second-largest economy, which has yet to achieve a full recovery from t
Chinese leaders are considering pumping more than $140 billion into the country's large state-run banks in the first such move to support the flagging economy since the global financial crisis, a report said Thursday. Beijing has this week announced some of the strongest measures in years to boost activity in the world's second-largest economy, which has yet to achieve a full recovery from t