Econ and Finance - 07 Aug 2020

Loosening up on bad loans

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In the face of a pandemic you can only push reform so far.

On Thursday, Caixin cited sources saying that draft regulations requiring banks to more stringently recognize non-performing loans (NPLs) may be watered down.

The draft, circulated last year by the China Banking and Insurance Regulato...

Snuh-ohez.

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