MP Econ Issue 16: US Regional Bank Crisis Will Affect How China Manages Financial Risk
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While the fallout from the Silicon Valley Bank (SVB) crisis won’t have a direct impact on China, it will affect how Beijing manages risk among its own regional banks. In light of the SVB crisis, Beijing will likely have less appetite for letting local government financing vehicles (LGFVs) default in the near term. Preventing defaults will also protect regional banks that,
MP Econ Issue 16: US Regional Bank Crisis Will Affect How China Manages Financial Risk
MP Econ Issue 16: US Regional Bank Crisis…
MP Econ Issue 16: US Regional Bank Crisis Will Affect How China Manages Financial Risk
While the fallout from the Silicon Valley Bank (SVB) crisis won’t have a direct impact on China, it will affect how Beijing manages risk among its own regional banks. In light of the SVB crisis, Beijing will likely have less appetite for letting local government financing vehicles (LGFVs) default in the near term. Preventing defaults will also protect regional banks that,