UK bank stress tests to cover global economic slump

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UK bank stress tests to cover global economic slump - BBC News
China's economy expanded by 7.4% in 2014 - the slowest pace for 24 years.
Economic growth of just 1.7% would plunge Hong Kong into a deep recession that would cause house prices on the island to collapse by 40%, hitting UK lenders such as HSBC.
Last year's tests, which were already considered stringent, focused on a 35% crash in UK house prices.

 
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