Wang He
- Indexed articles, last 90 days
- 2
- Latest publication
- Jul 14, 2026
- Outlet visibility, for The Epoch Times
- Top 50K sites
- Earliest in this view
- Jul 10, 2026
Latest articles
China’s Banking Crisis Is Drawing Closer: Hidden Risks, Hidden Losses (opens the original)
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China’s officially reported stock of non-performing loans is only the visible portion of the problem. The far greater risks lie in assets whose true quality has yet to be fully recognized. The first major source of concern is the enormous volume of debt issued by local government financing vehicles. In recent years, Beijing has sought to ease local government debt pressures largely by extending maturities and lowering interest rates. While this may postpone defaults, it also forces banks to hold
China’s Banking Crisis Is Drawing Closer (opens the original)
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As China moves through 2026, I believe that the risks facing its banking sector are becoming increasingly difficult to ignore. Despite optimistic claims that the industry has entered the final stage of the risk cycle, China’s official data tell a very different story. The first warning sign is profitability. According to the National Financial Regulatory Administration (NFRA), China’s commercial banks earned a combined net profit of 632.3 billion yuan (about $93.07 billion) in the first quarter
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Top 50K sites
For The Epoch Times, the outlet · Measured Aug 1, 2026
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