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Matzav · Oct 5, 2026

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BANKING SHAKEUP: China Shutters Nearly a Quarter of Its Banks as Beijing Scrambles to Strengthen Financial System China has eliminated nearly one-quarter of its banking institutions in just four years, including a record 670 closures in 2025, as Beijing accelerates a sweeping consolidation campaign aimed at containing weaknesses among smaller lenders and preventing problems in the country’s enormous banking sector from spiraling into broader financial instability. READ MORE👉👉 --- 📲 Join the Matzav.com WhatsApp Family! 🗞️

*BANKING SHAKEUP: China Shutters Nearly a Quarter of Its Banks as Beijing Scrambles to Strengthen Financial System* China has eliminated nearly one-quarter of its banking institutions in just four years, including a record 670 closures in 2025, as Beijing accelerates a sweeping consolidation campaign aimed at containing weaknesses among smaller lenders and preventing problems in the country’s enormous banking sector from spiraling into broader financial instability. *READ MORE*👉👉 https://matzav.com/banking-shakeup-china-shutters-nearly-a-quarter-of-its-banks-as-beijing-scrambles-to-strengthen-financial-system/ --- 📲 *Join the Matzav.com WhatsApp Family!* 🗞️ https://wa.link/8bhhfl

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