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China Defaulting Loans Soar, Insolvency Lawyer Says
(bloomberg.com)
Non-performing loans in China have
risen into the “trillions of renminbi” because of poor lending
practices, an insolvency lawyer said. ...
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In for this article:
Tag:
Business_Finance,
Chinese financial system,
Banking in China,
Renminbi,
Finance,
Hang Seng Index Constituent Stocks,
Stock market,
Economics,
Bank of China,
Stock market crashes,
Financial crises,
Financial crisis of 2007–2009,
Bank,
Continent:
Asia,
Organization:
China Banking Regulatory Commission,
China’s government,
State-Owned Assets Supervision and Administration Commission,
Asia-Pacific Loan Market Association,
Currency:
USD,
CNY,
Company:
China Construction Bank Corp.,
Fitch Ratings,
Commercial Bank of China Ltd.,
Bank of China Ltd.,
Lovells LLP,
Country:
China,
Person:
Liu Mingkang,
Shelley Smith,
Neil McDonald,
City:
Shanghai,
IndustryTerm:
Bank,
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