China warned to prepare for ‘big rise’ in bad loans as financial system braces against coronavirus, rising global tensions

, , Comments Off on China warned to prepare for ‘big rise’ in bad loans as financial system braces against coronavirus, rising global tensions

China’s banking regulator has asked the country’s lenders to make preparations for a “big rise” in non-performing loans as part of Beijing’s efforts to brace its financial system for shocks from the …
( read original story …)