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China's banking system under stress as economy slows

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China’s GDP fell by 6.8 per cent in the first quarter of 2020 and growth is expected to crawl back to just above zero for the full-year.

Beijing

CHINA'S banking system is at the forefront of the country's recovery plan which could weaken the banks, already hampered by years of inefficient lending and slower economic growth.

The government has explicitly asked banks to let go of some 1.5 trillion yuan (S$295 billion...

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