Editorial: Distinguishing the ‘Forest’ and the ‘Trees’ in Risk Prevention

Caixin Global | Nov 19, 2019 at 7:57 PM
  • Following the frequent defaults in the peer-to-peer lending industry, risks in small and midsize banks have also surfaced.
  • In recent years, decision-makers have promoted deleveraging and risk prevention in the financial industry and have achieved positive results.
  • From a broader perspective, in recent years, many financial institutions, particularly small and midsize banks, have been expanding and entering into cross-regional operations.