China’s economic slowdown is structural not cyclical, according to an adviser to the People’s Bank of China. Photo: ReutersChina’s economic slowdown is structural not cyclical, according to an adviser to the People’s Bank of China. Photo: Reuters
China’s economic slowdown is structural not cyclical, according to an adviser to the People’s Bank of China. Photo: Reuters

China’s bad loans likely underestimated, says central bank adviser

China’s economic slowdown is structural not cyclical, according to an adviser to the People’s Bank of China. Photo: ReutersChina’s economic slowdown is structural not cyclical, according to an adviser to the People’s Bank of China. Photo: Reuters
China’s economic slowdown is structural not cyclical, according to an adviser to the People’s Bank of China. Photo: Reuters
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