Bank Run In China -Yichuan Bank On Verge of Collapse

Bank Run In China -Yichuan Bank On Verge of Collapse

Oct 31, 2019 | News

First it was Baoshang Bank , then it was Bank of Jinzhou, then, two months ago, China’s Heng Feng Bank with 1.4 trillion yuan in assets, quietly failed and was just as quietly nationalized. Today, a fourth prominent Chinese bank was on the verge of collapse...