Wednesday, August 12, 2020

China's Banking Sector Expected to Dispose $490 Billion of Bad Loans in 2020: Xinhua


By Reuters
NYT World
China's banking industry is expected to dispose 3.4 trillion yuan ($489.91 billion) of bad loans in 2020 to contain financial risks in an economy weakened by COVID-19, the official Xinhua News Agency reported.
Published date: August 13, 2020 at 07:09AM
Reuters
New York Times article

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