Bad loans fallout tipped to spread as risks grow

The mainland's non-performing loan woes, now affecting banking branches in the Yangtze River Delta, is expected to spread to other eastern coastal areas such as Shandong, Fujian and Guangdong provinces, Deloitte Touche Tohmatsu warns.

Playing down the chances of a bad-loan crisis nationwide, Deloitte said mainland banks' businesses in eastern China would probably see a hefty rise in non-performing loans this year.

via Business feed http://www.scmp.com/business/banking-finance/article/1232634/bad-loans-fallout-tipped-spread-risks-grow