Write-offs by Chinese banks keep mainland NPL ratios in check
The mainland's bad-debt malady could be remedied without an explosion in non-performing loans on the books if banks continue to digest deteriorating assets at the pace they hit in the third quarter, say analysts.
via South China Morning Post - Business feed http://www.scmp.com/business/banking-finance/article/1652716/write-offs-chinese-banks-keep-mainland-npl-ratios-check