23 Jul China’s regional banks hit by economic slowdown, bad loans soar
Small banks in Chinese
provinces affected by Beijing’s efforts to slash excess
industrial capacity and reduce pollution are being hit by a
spate of non-performing loans, according to reports from Chinese
credit rating agencies.
provinces affected by Beijing’s efforts to slash excess
industrial capacity and reduce pollution are being hit by a
spate of non-performing loans, according to reports from Chinese
credit rating agencies.
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