Logo 17 Aug 2020

Toxic lesions

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

In case you missed it:On Sunday, China Banking and Regulatory Commission Chairman Guo Shuqing published an essay in Qiushi, the Party’s top journal.

Guo revisited his new favorite message:Nonperforming loans (NPLs) are making a comeback.

“Toxic assets are lesions that must be removed with det...