China banks, Hong Kong, local govt financing vehicles
A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. VCG | Getty Images Moody’s Investors Service cut its outlook …
Industrial and Commercial Bank of China Ltd
China’s ‘Big Four’ banks rally after state wealth fund boosts stake
Bank of China is one of the major state-owned banks in China. Pictured here is a branch in Shanghai on March 27, 2023. Bloomberg | Bloomberg | Getty Images China’s …