Household Loans Growing Vigorously in China
According to our report “China Banking Sector Analysis”, China’s banking industry has been at the centre of the country’s economic ascendance for the past two decades. Further, due to the underdeveloped capital markets, the banking system has played a pivotal role in the Chinese economy. Despite a heavy slowdown in the economy, the banking sector continued to post healthy growth during the past few years. The country’s steady and fast economic growth will lay a solid basis for the development...
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