Another Chinese Lender Bailed Out After Bank Run

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Another Chinese Lender Bailed Out After Bank RunYichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble […]

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