{"id":15057,"date":"2020-06-22T12:13:38","date_gmt":"2020-06-22T12:13:38","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=15057"},"modified":"2020-06-22T12:13:38","modified_gmt":"2020-06-22T12:13:38","slug":"how-covid-19-could-reshape-china-s-banking-industry","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/how-covid-19-could-reshape-china-s-banking-industry\/","title":{"rendered":"How COVID-19 could reshape China\u2019s banking industry"},"content":{"rendered":"

With COVID-19 seemingly somewhat under control in China, the country\u2019s banking industry is examining the damage and preparing for difficulties. In particular, the aftermath of the crisis is expected to test lenders\u2019 resilience with a more than 50% increase in non-performing assets at the same time as a halving in China\u2019s GDP growth. S&P Global Ratings has predicted that this will ultimately result in an exaggerated pecking order for Chinese financial institutions, with the biggest coming out stronger and smaller, regional ones (i.e. those with the highest exposure to the hard-hit small enterprises) either in a much weaker position or failed. To get a sense of how a particular Chinese financial institution is likely to fare in a post-COVID-19 world, there are 3 important things to consider:<\/span><\/p>\n