Chinese non-performing loans increase for 5 consecutive months

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Bloomberg reported China Banking Regulatory Commission, said platform to focus on prevention and control of good local government, real estate, business clusters and industries with excess capacity in areas such as credit default risk. Previously published data show that the non-performing loans of the banking sector in China the fifth consecutive quarterly increase.
The China Banking Regulatory Commission Chairman Shang Fulin said that need prevention and control of financial management, pay and silver certificates, silver base, bancassurance, silver letter cooperation class the sheet business associated risk of cross-business areas.

by HPC Forex
 
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