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The bad loan ratio of Chinese banks' lending to small and micro businesses is close to "the level of tolerance" previously set by authorities, said the banking regulator. But it added that financial sector is expected to make a more contribution to further boost economic recovery.
China's nonperforming "inclusive loans"－or loans to such small businesses- totaled 0.4 trillion yuan as of the end of June, rising 9.25 per cent from the start of the year, the China Banking and Regulatory Commission (CBIRC) said in a statement on Saturday.
That brought NPL . . .
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