Bad-loan management sees changes
By Wang Xiaotian | China Daily | Updated: 2013-03-05 08:09
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A China Construction Bank Corp outlet in Shanghai. Chinese lenders have reported a fifth consecutive quarterly rise in the value of their bad loans, the China Banking Regulatory Commission said on Friday. Chen Jingwei / For China Daily |
China's new round of establishing asset management companies to deal with commercial lenders' bad assets will differ from the experience in 1999, a senior financial executive said on Sunday.
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