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To help handle a surge of souring debt, China will let provinces set up more than one bad-loan management company

s China's debt grows to nearly three times the size of the nation's economy, potentially posing a threat to its long-term financial stability, regulations are relaxing to handle nonperforming loans. Nevertheless, analysts say the proliferation of bad-loan companies could make it even harder to understand how the nation recognizes soured debt.
12 months ago
Amedeo Tumolillo
By Amedeo Tumolillo
Amedeo Tumolillo is an editorial consultant with SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.
China in 2 minutes a day
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