{"id":137419,"date":"2025-09-29T11:00:10","date_gmt":"2025-09-29T11:00:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=137419"},"modified":"2025-09-29T11:00:10","modified_gmt":"2025-09-29T11:00:10","slug":"china-takes-latest-step-to-shore-up-finance-3-years-after-rural-banking-scandal","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=137419","title":{"rendered":"China takes latest step to shore up finance, 3 years after rural banking scandal"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostAuthorities in Henan province, central China, have approved the merger of 82 small rural financial institutions into a single regional lender, in an effort to contain systemic risks in a region once at the centre of a major banking scandal.<br \/>\nApproved by the Henan office of the National Financial Regulatory Administration (NFRA), the consolidation will see Henan Rural Commercial Bank absorb institutions across nine cities including Kaifeng, Pingdingshan and Anyang, according to an official social&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3327246\/chinas-henan-province-merges-82-rural-banks-new-step-shore-financial-stability?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostAuthorities in Henan province, central China, have approved the merger of 82 small rural financial institutions into a single regional lender, in an effort&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/137419"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=137419"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/137419\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137419"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}