Posted inChina

China’s non-performing real estate loans soar, says report

By the end of this year, the balance of non-performing loans of the domestic real estate industry will reach 85.5 billion yuan (US$13.59 billion), while the non-performing loan ratio will reach 1.5%, according to a study reported by The annual market survey of China’s Financial Non-performing Assets published by China Orient Asset Management also […]

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