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China’s private banks struggle to upend state-owned incumbents

A batch of Chinese privately owned banks that reformers hoped would direct loans to credit-starved consumers and small businesses have yet to achieve significant scale, denting hopes that they will transform the state-dominated banking system."
10 months ago
Lucas Niewenhuis
By Lucas Niewenhuis
Lucas Niewenhuis is an associate editor at SupChina who helps curate daily news and produce the company's newsletter, app, and website content. Previously, Lucas researched China-Africa relations at the Social Science Research Council and interned at the Council on Foreign Relations in New York. He has studied Chinese language and culture in Shanghai and Beijing, and is a graduate of the University of Michigan.
China in 2 minutes a day
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