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Bad loans at China banks hit decade high as economy slows

Non-performing loans rise 51% from year ago to 1.27t yuan in December; bad-loan ratio climbs to 1.67%
Tuesday, February 16, 2016 - 05:50

Beijing

SOURED loans at Chinese commercial banks rose to the highest level since June 2006 as the nation's economic expansion slowed to the weakest pace in a quarter century.

Non-performing loans jumped 51 per cent from a year earlier to 1.27 trillion yuan (S$270 billion) in