China Banks Ramp Up Bad Property Loan Disposals to Boost Economy

By Yahoo! Finance   |   3 weeks ago
China Banks Ramp Up Bad Property Loan Disposals to Boost Economy

China's major banks are speeding up the write-off of bad property loans to improve their financial health and comply with government directives. Regulators are pushing for the disposal of non-performing real estate loans to prevent further damage to balance sheets.

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