China’s lenders are stuck between a rock and a hard place. Earnings are under pressure, but the government wants them to step up lending and drive growth. The dilemma is most stark at the $70 billion Bank of Communications 601328, 601328. Beijing on Wednesday unveiled plans to deploy 500 billion...
https://www.hellenicshippingnews.com/chinas-bank-recap-exposes-lenders-dilemma/