China’s bank bailouts have according to UBS’s China Financial strategist Jason Bedford.
According to Bedford and team’s analysis of 765 banks in China, it appears that the country is finally starting to deal with its bad debts problem via bank recapitalisations, bailouts and cash calls.
Something Odd Is Happening In China’s Domestic Bond Market
![UBS 6](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20432%20260'%3E%3C/svg%3E)
To arrive at this conclusion UBS’s research team used to different datasets: the 2015 financial statements of 173 banks accounting for 92% of China’s total commercial banking sector...
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