China’s banks to face new NPL hit

A new rule change will require Chinese banks to recognize more loans as impaired, but while big lenders will sail through, there’s trouble at the smaller end of town. It’s symbolic of the oddness of Chinese banking that we could see a 14% increase in non-performing loans this year without asset quality actually having deteriorated at all. How? Loan recognition standards. It is … http://bit.ly/2LHCQuZ

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