China bets on state capital for growth as credit demand stays weak
GUANGZHOU, CHINA – JULY 14: The exterior of a branch of the Agricultural Bank of China (ABC) is seen on July 14, 2026 in Guangzhou, Guangdong province, China. Cheng Xin | Getty Images News | Getty Images China’s Finance Ministry is leading a smaller-than-expected $54 billion capital injection into state-run banks and insurers, as Beijing … Read more