On the Development Prospect of China’s Banking Industry

Shusong Ba ()

Chapter Chapter 7 in The New Cycle and New Finance in China, 2022, pp 45-50 from Springer

Abstract: Abstract Recently, Moody’s and Standard and Poor’s successively lowered China’s sovereign credit rating outlook and the rating outlook of several financial institutions, including commercial banks and policy banks, from stable to negative mainly because they believe that China’s sustained and strong credit growth leads to continuous accumulation of risks in the banking system and poorer quality of the banking industry’s assets.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-8209-4_7

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DOI: 10.1007/978-981-16-8209-4_7

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