Commentary
As Chinese banks creaked and groaned under the weight of increased demands to lend and large amounts of undeclared bad loans, it only became a question of time before bank bailouts began. Well, the bank bailouts in China have begun.
People walk past a branch of the Bank of China in Beijing on Sept. 11, 2009. Peter Parks/AFP via Getty Images
Christopher Balding
Author
Christopher Balding was a professor at the Fulbright University Vietnam and the HSBC Business School of Peking University Graduate School. He specializes in the Chinese economy, financial markets, and technology. A senior fellow at the Henry Jackson Society, he lived in China and Vietnam for more than a decade before relocating to the United States.
