(Source: The Wall Street Journal BY TOM ORLIK) – China’s banks are hungry for capital. But market turmoil means they may have to stay hungry—and that has implications for China’s growth.Breakneck loan growth in 2009 and 2010, stringent capital adequacy requirements and the need to increase loan-loss provisions are pushing many of China’s second-tier banks to the market to replenish their capital base.
Source: The Wall Street Journal BY TOM ORLIK
AUGUST 12, 2011, 10:33 A.M. ET
To read more, click on this link