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Read More »China bad-loan disposal no easy task with slowdown
Bloomberg Tougher economic conditions and overcapacity in the steel, coal and cement sectors are making it harder and less profitable for China’s bad-loan managers to dispose of soured credits, according to a survey. Only 4 percent of 101 respondents at the nation’s distressed asset-management firms said they found it “easy†or “relatively easy†to dispose of bad loans, China ...
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