China's banking sector is expected to see bad loans increase further in the next three to five years and the real estate sector is likely to see non-performing loans rise significantly, according to a report based on a survey by China Orient Asset management Co. Ltd., the country's third largest distressed-debt manager.
According to the report, nearly half of the respondents said Chinese banks will see the size of non-performing loans (NPL) to gradually rise . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- THE WIRE - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
- DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare.
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In