China injects over €45 billion into state banks and insurers as growth slows
China's finance ministry is leading a combined 360 billion yuan (€46.1bn) capital injection into eight state-owned banks and insurers, a coordinated effort to strengthen balance sheets strained by weak lending, low interest rates and government instructions to prop up the stock market.
We haven't written up this one. Euronews has the full story — the link below goes straight to it.