The official narrative is that #China has weathered the #CCPVirus #pandemic and its #economy is on the rebound.
That narrative does not explain why so many of China's banks are strapped for cash and in danger of failing.
https://www.caixinglobal.com/2020-08-25/exclusive-regulators-step-up-efforts-to-recapitalize-cash-strapped-small-midsize-banks-101596986.html
#news
