Regulators are stepping up enforcement on financial institutions in an effort to confront problem loans and clean up balance sheets. Photo: AP
Andrew Brown
Opinion

Opinion

Andrew Brown

China has a bold plan to tackle bad bank loans and its first deadline is closer than you think

Chinese banks face a crucial first deadline on June 12, when they are required to report the results of an internal self-audit to the CBRC

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Regulators are stepping up enforcement on financial institutions in an effort to confront problem loans and clean up balance sheets. Photo: AP
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