BIS
Bank for International Settlements Report Shows High Banking Stress in China
| Rina S. | | Sep 19, 2016 07:46 AM EDT |
The Bank for International Settlements (BIS), a leading global financial watchdog, has raised concerns about the growing level of banking stress in China. A report released by the BIS highlighted China's increasing corporate debt. China's banking stress level in the first quarter was at its highest since 1995.
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