China recapitalising largest banks

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China recapitalising largest banks

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Web Desk Karachi
Feb 26, 2025

China to infuse $55 billion into major banks as part of economic recovery plan

Officials are planning to inject a minimum of 400 billion yuan (approximately $55 billion) in new capital into this latest group of banks, which includes the Agricultural Bank of China Limited and the Bank of Communications Co.

China to infuse $55 billion into major banks as part of economic recovery plan

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