China has about 50 local bad-asset management companies, known as AMCs. Photo: EPA China has about 50 local bad-asset management companies, known as AMCs. Photo: EPA
China has about 50 local bad-asset management companies, known as AMCs. Photo: EPA

China’s local bad-asset managers drift from policy mandate

Topic |   Banking & finance
China has about 50 local bad-asset management companies, known as AMCs. Photo: EPA China has about 50 local bad-asset management companies, known as AMCs. Photo: EPA
China has about 50 local bad-asset management companies, known as AMCs. Photo: EPA
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