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Business & Finance

China banks face capital shortage in 2012

Published Updated

 BEIJING: Chinese banks face capital shortages in 2012, Central Bank Governor Zhou Xiaochuan said on Monday, without providing an estimate for the size of the funding gap.

Many investors expect Chinese banks to return to financial markets for fund-raising this year either by selling bonds or shares after frenzied lending in 2009/10 shrank their capital pools.

Copyright Reuters, 2012

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