To rescue the banks, the government stripped out their bad assets, mandated wide lending margins for them to earn their way back, and floated them in Hong Kong for recapitalisation.

• 为了挽救这些银行，政府去除了它们的坏账，规定了更大的贷款息差以便银行赚回部分损失，让它们在香港上市以便完成资产重组。