China’s Baoshang Bank to be taken over by local govts, state firms
China’s troubled Baoshang Bank
will be taken over by local governments and a group of state
firms, a central bank official with direct knowledge of the
matter said, as Beijing looks to shore up some of the country’s
weakest lenders.
will be taken over by local governments and a group of state
firms, a central bank official with direct knowledge of the
matter said, as Beijing looks to shore up some of the country’s
weakest lenders.
Posted by Reuters
