China Beefs Up Its Biggest Banks To Boost The Economy | CNN Business

Published Date: Mon, 31 Mar 2025 02:05:00 GMT | By Bloomberg On https://www.bloomberg.com

Upcomingweb USA Business Latest News - Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry, after Beijing pledged to help them support the economy.