• IMF Warns Chinese Banks to Bolster Capital In its first comprehensive assessment of China's banks in six years, the International Monetary Fund called on them to raise more capital than required by international standards in order to protect themselves against the risk of an economic shock. It found that 27 of 33 banks that it ‘stress-tested' were undercapitalized, although it said the ‘Big Four' state-owned banks had adequate capital. The Fund said China still hasn't addressed the underlying causes of the ongoing expansion in government and corporate debt, despite measures to bolster financial stability this year. Critics routinely point out that overall levels of debt are still rising, and that the talked-about ‘deleveraging' should more accurately be described as a slowdown in credit growth. FT, metered access
A better question to ask would be if these banks owned Bitcoin, would the IMF consider them to be well capitalized. Why bother raising cash when these bitcoins will always be worth more tomorrow.