Monday, 5 October 2026Updated 19m ago
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China shuts hundreds of banks as Beijing moves to shore up its financial system

1 source · first seen 15:50 5 Oct · updated 15:50 5 Oct

The brief

Written from 1 report · check the source before you trade
  • Beijing shuttered **670 mainly rural banks** last year to create fewer, larger, better-capitalized lenders

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Read the reports

1 report · earliest 15:50
CNBCChina shuts hundreds of banks as Beijing moves to shore up its financial system15:50