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China Injects $45 Billion in Banks, Insurers to Boost Growth

China is injecting 300 billion yuan ($45 billion) into its largest banks and insurers, part of the nation’s biggest recapitalization in almost two decades, to shore up the strength of its financial system and sustain lending as economic growth slows. …

China Injects $45 Billion in Banks, Insurers to Boost Growth

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

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