China Loses Third Bank in Three Months as Economy Hits 30-Year Low

China’s economic growth continues to slow down, causing a number of banks to close due to difficult conditions. Hengfeng bank has become the latest to shut its doors. China’s economy has been making headlines in the last few months, and not for good reasons. The country has just experienced its third bank failure within three months, as its economic growth continues to diminish. In fact, China’s economic growth is reaching levels that have not beenRead More The post appeared first on Bitcoinist.com.