Bad loan ratio rises

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szdaily -> Business

2014-July-29 08:53 Shenzhen Daily

A housing estate construction site in Hangzhou, Zhejiang Province in this Sunday photo. 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 Friday, adding to concerns a slow economy and cooling property market could weigh on banks and brew up financial risks.SD-Agencies