| Results of a recent stress test show that commercial lenders in China can take as much as a 40 percent decline in property prices, and the general risk in property loans is controllable, said the top banking regulator Liu Mingkang.
By the end of August, outstanding property loans among Chinese commercial lenders stood at 10.4 trillion yuan ($1.63 trillion), 19.8 percent of the total of outstanding loans. "The proportion is far less than that of many European countries and America," said Liu, the chairman of the China Banking Regulatory Commission (CBRC)..............................................Full Article: Source
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