China is seeing an ongoing decline in the number of its bricks-and-mortar bank branches as well as automatic teller machines (ATM’s), as fintech and digital transformation lead to sweeping changes across the finance sector. As of 22 December Chinese commercial banks had closed a total of 2398 physical bank premises since the start of 2021, according to financial licensing data from the China Banking and Insurance Regulatory Commission (CBIRC). 2021 marks the fourth consecutive year since 2018 that the Chinese banking sector has seen declines in the number of physical premises in operation, according to figures from the China Banking...