Beijing’s planned 360 billion yuan (US$54 billion) capital injection into eight state-owned financial institutions is a step in the right direction, but further fiscal support is needed to revive credit demand and ensure the fresh capital is put to better use, analysts say. They noted that the move extended a recapitalisation drive since 2025 that had largely focused on banks, now widening to insurers and other financial institutions, reflecting a broader effort to strengthen capital buffers...