The Moody’s study shows non-performing loans in Chinese banks accounted for 1.76 per cent of gross loans at the end of September, up from 1.67 per cent at the end of last year and 1.25 per cent at the end of 2014. Photo: Reuters

China’s shadow banking system expands to 82pc of GDP: Moody’s

Sector also becoming increasingly interconnected with the formal banking system, warns ratings agency in new report

Topic |   Banking & Finance

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The Moody’s study shows non-performing loans in Chinese banks accounted for 1.76 per cent of gross loans at the end of September, up from 1.67 per cent at the end of last year and 1.25 per cent at the end of 2014. Photo: Reuters
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