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The Intelligence: America gets a House speaker

The Intelligence from The Economist

CHAPTER

Troubles in China's Banking Sector

This chapter examines the financial crisis faced by Jinzhou Bank in northeast China, highlighting its connections to a prominent billionaire and the broader implications for the banking industry. It reveals alarming discrepancies in loan defaults and the lack of transparency around non-performing loans, raising concerns about the overall stability of the sector amid government pressures.

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