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Chinese banks’ bad loans to rise further in next 3-5 years, said large distressed-debt manager

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 in the next 3 - 5 years and more than 44 per cent of the respondents believe that the NPL ratio . . .

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