• 11/11/2024

China’s property woes, deepened by Evergrande, test Beijing’s bottom line of no systemic risks

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

A Post review of midyear financial reports by 18 ‘systemically important’ banks in China finds that more than two-thirds have higher outstanding non-performing property loans.

https://www.scmp.com/economy/china-economy/article/3236152/chinas-property-woes-deepened-evergrande-test-beijings-bottom-line-no-systemic-risks?utm_source=rss_feed