China Banks May Face $350 Billion in Losses From Property Crisis - Yahoo Finance
7/31/2022 12:00:00 AM2 years 9 months ago
by Bloomberg News
by Bloomberg News
(Bloomberg) -- China’s banks face mortgage losses of $350 billion in a worst-case scenario as confidence plunges in the nation’s property market and...
(Bloomberg) -- Chinas banks face mortgage losses of $350 billion in a worst-case scenario as confidence plunges in the nations property market and authorities struggle to contain deepening turmoil. … [+4968 chars]
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