Non-performing loans in China rose ¥22.4B to ¥478.8B in Q3, according to Beijing, the 4th...

|By:, SA News Editor
Non-performing loans in China rose ¥22.4B to ¥478.8B in Q3, according to Beijing, the 4th consecutive quarter of increases - a string never seen in the 8-year history of the data. As a percentage of total loans, non-performing is at a nearly unbelievable 0.95% vs. 0.94% in the previous quarter.