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Posts Tagged ‘loans’

Chinese banks reduce non-performing loan

January 1st, 2010 | Tags: Economie, billion, loans, non, performing

The Chinese banking industry has reduced by 157.4 billion yuan (19.2 billion dollars) of non-performing loans in 2003, achieving a remarkable progress in the prevention of financial risks.
A Commission official from China Banking Regulatory suggested this weekend that bad debts were $ 2 400 billion yuan (292.6 billion dollars) in late 2003.
The non-performing loans accounted [...]

Japan should not link the reduction of loans to the so-called “China threat”, according to the spokesman of the Ministry of AE

November 24th, 2009 | Tags: Chine, china, japanese, loans, spokesman

The Japanese side should not link the reduction in loans to China in the so-called “China threat”, said the spokesman of the Chinese Ministry of Foreign Affairs Kong Quan here Tuesday.
spokesman said at a regular press conference that China considers the loans as a Japanese symbol of Japan’s friendly policy to China and highly appreciates [...]