Econ and Finance - 24 Aug 2020

NPL disposals start scaling

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Regular readers know that for the past few weeks, the China Banking and Insurance Regulatory Commission (CBIRC) has been warning of a substantial rise in nonperforming loans (NPLs).

AQA posted on the CBIRC website on Saturday said thatbanks had disposed of RMB 1.1 trillion worth of nonperforming...

Snuh-ohez.

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