China banks have 7.6% of the loans they issue come back unpaid. And that figure is down 1.3% from the beginning of the year.
Of course, China's banks lend money out the gazoo...but, still can the banks afford to right off $150 billion worth of loans? Continue reading...
China Too Much Like the US - Non-performing Loans at $150 Billio
samnut (2006-11-06 10:09:12) 评论 (0)China banks have 7.6% of the loans they issue come back unpaid. And that figure is down 1.3% from the beginning of the year.
Of course, China's banks lend money out the gazoo...but, still can the banks afford to right off $150 billion worth of loans? Continue reading...