CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

China bad loans rise

Published: 28 Jul 2014 - 12:41 am | Last Updated: 28 Jan 2022 - 06:14 pm

A worker cleans models of apartments at a showroom in Kunming, Yunnan province, yesterday. Chinese banks’ bad loan ratio rose to 1.08 percent at the end of June from 1.04 percent in March, the banking regulator said, adding to concerns a slow economy and cooling property market could brew up financial risks.