China bad loans jump as growth slows
Beijing (AFP) May 16, 2014 - China's bad loans increased sharply in the first three months of the year, official data showed, with analysts saying Friday the total was at its highest in almost three years. Outstanding non-performing loans at Chinese banks stood at 646.1 billion yuan ($103.6 billion) at the end of March, up 54.1 billion yuan from the beginning of the year, the China Banking Regulatory Commission (CBRC) s ... more
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