China’s economy is deteriorating, the real estate crisis is severe, and the banking industry is deeply affected, facing a downturn. Recently, many banks have suddenly terminated a large number of financial products ahead of schedule, attracting widespread attention from the public. According to incomplete statistics, as of June, more than 20 financial products have already been terminated prematurely. In the coming weeks, several more products will be terminated early, a phenomenon affecting major financial companies.
#chinaobserver
All rights reserved.
⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news
⭐For business cooperation, please contact us: business@chinaobserver.co
Many Chinese Banks Ditch Financial Products: The Era of Zero Profit Is Here
