Zephyrnet Logo

Are China’s Banks Too Big to Bail?

Date:

Chinese banks have grown to become the biggest in the world, with the Industrial and Commercial Bank of China having $5.8 trillion in assets under management.

That’s far more than the biggest non-Chinese bank, JP Morgan, at $3.9 trillion. The Bank of China is just above it at $4.1 trillion, with the Agricultural Bank of China and the China Construction Bank at $4.3 trillion and $4.5 trillion respectively.

Gain access.

spot_img

Latest Intelligence

spot_img

Chat with us

Hi there! How can I help you?