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"\nRatings agency Fitch is warning of a potential wave of bank bailouts echoing those of 2008, with smaller cash-strapped mainland banks having to be rescued.\n\n'If we are looking beyond next year, and if the macro environment is not improving, I think it is definitely possible that the type of bailouts we saw in other countries in 2008 could happen to smaller banks,' said Charlene Chu, senior director at Fitch Ratings, and author of a report on mainland banks' declining liquidity.\n\nMainland banks, especial..."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.scmp.com/article/986644/mainland-banks-risk-fitch>