BEIJING -- China will press for mergers and acquisitions among smaller lenders put at risk by the economic fallout from the coronavirus pandemic.
Finance
China steps up consolidation of smaller banks caught in slowdown
Rust belt and rural lenders left in worse shape by pandemic
A Baoshang Bank ad in Beijing: The lender's de facto nationalization last year was followed by rescues of other regional banks. © Reuters
Read Next
Latest on Finance
