China sees drop in non-performing loan ratio
[]
Error loading player: No playable sources found
The non-performing loan ratio for all Chinese banks stood at 1.99 percent at the end of May, down 0.16 percentage points from a year earlier, according to official data.
Liu Zhiqing, deputy head of the prudential regulation bureau of the China Banking Regulatory Commission (CBRC) said on Thursday that China's recent steps to control financial risks have gained traction and some riskier businesses carried out by banks have been contained.

MORE FROM CGTN

Trump's auto tariffs sow fears of economic fallout and trade wars
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Business

12:16, 05-Apr-2025

America the vandal: Time for multipolarity to move forward
{"type":2,"value":" Warwick Powell","commentator":[],"valueShow":true,"commentatorShow":false}

Biz Analysis

12:07, 05-Apr-2025

Economic experts warn of serious risks from US tariff policies
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Markets

09:02, 05-Apr-2025

Trump's tariff formula confounds the world, hitting the poor hardest
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Politics

04:18, 05-Apr-2025

TOP NEWS

Chinese government slams U.S. tariff abuses, vows to protect interests
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

China

12:05, 05-Apr-2025

Trump tariff tailspin worsens, Nasdaq confirms in bear market
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

North America

09:13, 05-Apr-2025