China warned to prepare for ‘big rise’ in bad loans
China warned to prepare for ‘big rise’ in bad loans as financial system braces against coronavirus, rising global tensions
The China Banking and Insurance Regulatory Commission said this week Beijing’s efforts to avoid a broader financial crisis are facing fresh challenges
China’s official statistics paint a picture of a sound financial system, but cracks are appearing in the banking system at a grass-roots level
https://www.scmp.com/economy/china-economy/article/3094533/china-warned-prepare-big-rise-bad-loans-financial-system