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China bad loans surge by most since 2005

Tuesday, November 18, 2014 - 05:50

Shanghai

CHINA'S bad loans jumped by the most since 2005 in the third quarter, fuelling concern that a cooling economy will be further weakened as banks limit lending to avoid credit risks.

Non-performing loans rose 72.5 billion yuan (S$15.4 billion) from the previous quarter to

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