China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2839)	3/16/2004 3:42:14 PM
From: RealMuLan	Read Replies (1) of 6370

INTERVIEW: More Chinese Banks Face Bad Debt Surge -Fitch By Eric Johnston Of DOW JONES NEWSWIRES MELBOURNE (Dow Jones)--China's broader banking sector will experience a surge in bad debts within years as much-needed risk management reforms fail to keep pace with a sharp increase in lending, Fitch Ratings said Tuesday. ADVERTISEMENT With the balance sheets of the four big state-owned banks already struggling under a hefty nonperforming loan burden, China's 10 listed commercial banks are emerging as a new risk to China's financial system. sg.biz.yahoo.com

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