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China's banks need to boost capital buffers: IMF

Stress test results reveal widespread under-capitalisation of banks other than the Big Four under a severely adverse scenario, says report

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“China's financial system has shown relatively strong capability to cope with risks,” says the People's Bank of China.

Shanghai

CHINA'S banks should increase their capital buffers to protect against any sudden economic downturn following a credit boom, the International Monetary Fund said.

In its first comprehensive assessment of China's financial system since 2011,

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