A woman walks past Lunar New Year decor and shuttered bars at a retail district in Beijing in February 2020 as millions of workers and entrepreneurs bear the rising costs of coronavirus containment measures. Photo: AP

China could face decade-high bad loan ratio as coronavirus slams small businesses, DBS says

  • Overall bad loan ratio may reach 2 per cent this year as coronavirus businesses in sectors hardest hit by coronavirus outbreak
  • Postal Savings Bank has the highest loan exposure to central China where the viral outbreak originated, DBS says
Topic |   Banking & Finance
A woman walks past Lunar New Year decor and shuttered bars at a retail district in Beijing in February 2020 as millions of workers and entrepreneurs bear the rising costs of coronavirus containment measures. Photo: AP
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