Chinese banks’ bad loans rose 183 billion yuan to 1.96 trillion yuan by the end of June, the biggest quarterly jump in over a decade. Photo: EPA

Struggling Chinese firms offloading assets means property bargains galore for foreign investors

A slowing economy and a campaign to reduce debt has forced many Chinese firms to sell assets they wouldn’t normally be looking to get rid of, say analysts

Topic |   China property

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Chinese banks’ bad loans rose 183 billion yuan to 1.96 trillion yuan by the end of June, the biggest quarterly jump in over a decade. Photo: EPA
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