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Cheng Leng

For Cheng Leng's latest contributions to The Japan Times, see below:

Specter of funding crunch looms over runs at China's small banks

Business Nov 26, 2019

Specter of funding crunch looms over runs at China's small banks

Bundles of yuan notes were stacked high behind the counters of branches of Yingkou Coastal Bank earlier this month, as the northeast China lender fought off a run on deposits while on-site government officials battled rumors of a funding crunch. Yingkou was the latest small ...