Bad debt ratio of Chinese banks has risen to 1.81 per cent by the end of 2016, the highest since the second quarter of 2009, according to the banking regulator. Photo: AFP

Chinese banks to issue more bad loan-backed securities in 2017: Fitch

Total issuance of asset-backed securities rose sharply in China during 2016, says ratings agency

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Bad debt ratio of Chinese banks has risen to 1.81 per cent by the end of 2016, the highest since the second quarter of 2009, according to the banking regulator. Photo: AFP
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