Part 4/11:
Market analysts caution that a rushed bond issuance ahead of the forthcoming National People’s Congress could further strain the already fragile banking sector. The 7-day interbank lending rate has frequently surpassed broader market benchmarks, indicative of growing funding costs amidst the rapid accumulation of new bonds. Should banks fail to effectively manage these funding challenges, it could have significant repercussions for China’s financial markets and overall economic stability.