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China's Small and Medium-Sized Banks Are Accelerating Their Exit, Highlighting the Plight of Smes
Summary by 大纪元 Epoch Times
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Recently, another small and medium-sized bank has gone bankrupt, with Dalian Lianfeng Rural Township Bank entering bankruptcy proceedings. By the first half of 2025, the number of small and medium-sized banks deregistered in China had already exceeded the total for the entire year of 2024. Experts believe that the disappearance of small and medium-sized banks is behind the plight of thousands of small and medium-sized enterprises.
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