Local mid-tier Chinese banks continue to see loan books sour

Regional lenders tap billions of dollars to repair balance sheets. China’s slow process of industrial rebalancing has pushed a lot of local lenders deeper into the mire of unrecovered loans, and prompted waves of capital replenishment, according to some Hong Kong-listed mid-tier banks that announced first-half results recently. For instance, Bank of Qingdao, based in … http://s.nikkei.com/2vkuqka

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