| From Reuters: A 50-percent drop in China's property prices will lead to a surge in bad real estate loans for Chinese lenders, a local newspaper reported, citing the results of the latest round of a Chinese bank stress test.
Many Chinese banks reported less-than-1-percent ratio in non-performing loans (NPL) to home buyers, but halved housing prices may expand the volume of such loans, pushing up the ratio by another 1-2 percentage points, the 21st Century Business Herald reported, citing banking sources...........................................Full Article: Source
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