China Perspectives

Elaine Xu, Director in Fitch’s Financial Institutions team, provides an update on how Chinese banks are managing the challenges from economic headwinds, the property correction, and LGFV debt renegotiations.

  • (00:00) - Introduction
  • (01:38) - Recent trends in bank performance
  • (05:06) - Property sector stress impact on banks
  • (07:26) - Banks role in property policy response
  • (09:26) - LGFV exposures and debt renegotiations
  • (11:16) - Impact of LGFV debt renegotiations
  • (13:01) - Risks for small regional banks
  • (14:33) - Banks increased policy role and its impact
  • (15:40) - Conclusion

What is China Perspectives?

China Perspectives series is a monthly discussion on the latest credit market and economic developments from China with experts from both within and outside of Fitch Ratings.