China to Impose Stricter Policy on Bad-Loan Recognition
Chinese banks must classify corporate loans overdue for more than 60 days as nonperforming, down from 90 days previously. (Photographer: Tomohiro Ohsumi/Bloomberg)

China to Impose Stricter Policy on Bad-Loan Recognition

(Bloomberg) -- China’s banking regulator has told the nation’s major lenders to accelerate recognition of nonperforming loans, as officials seek to bolster the quality of lending, according to peop...
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