Despite its ongoing efforts to rein in irresponsible credit, non-performing loans in China's banking system increased to Rmb2.235 trillion, or $316.6 billion, in the April-June quarter this year, according to
Battling to Bring China's Bad Loans Under Control
Bad loans in China's banking system have increased in the second quarter of this year even as the government tries to avert a possible debt crisis among the country's smaller banks
By
Marilyn Romero