Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
How Chinas Youth Unemployment Is Straining Its Banking System
On this episode of China Economy with Fexingo, Lucas and Luna examine how China's persistently high youth unemployment rate is starting to ripple through the banking sector. With the latest data showing urban youth joblessness above 20 percent, they explore the link to rising consumer loan defaults and the stress on small and mid-sized banks that have heavy exposure to unsecured lending. They also discuss how the People's Bank of China is responding with targeted liquidity measures, and what this means for investors in Chinese bank stocks and the broader financial system. The…
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