China Unveils $54 Billion Capital Injection for State Insurers and Banks

Beijing moves to strengthen financial-sector buffers as weak loan demand, low interest rates and pressure on insurers weigh on profitability China’s finance ministry will lead a coordinated capital injection of about $54 billion into major state-owned insurers and banks, as Beijing moves to strengthen the financial system’s ability to absorb risks and support economic growth. […] The post China Unveils $54 Billion Capital Injection for State Insurers and Banks appeared first on Tekedia.

China Unveils $54 Billion Capital Injection for State Insurers and Banks












Beijing moves to strengthen financial-sector buffers as weak loan demand, low interest rates and pressure on insurers weigh on profitability China’s finance ministry will lead a coordinated capital injection of about $54 billion into major state-owned insurers and banks, as Beijing moves to strengthen the financial system’s ability to absorb risks and support economic growth. […]

The post China Unveils $54 Billion Capital Injection for State Insurers and Banks appeared first on Tekedia.

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