CCER-NBER Annual Meeting National Comprehensive Liability


 date:2002-3-18 source:BiMBA         

FAN Gang
National Economic Research Institute, China Reform Foundation
                            &
The Graduate School, Chinese Academy of Social Sciences

    China is already well known for its high ratio of non-performing loans (NPL) over GDP.
Although people have to guess what the ratio be, 20%, 25%, 30%, 40%, etc., one thing may be certain: China may have one of the highest ratios as such in the world, even higher than the pre-crisis situation of some Southeast Asian countries which then went suffering financial crisis.

download:1423-1.pdf

 
 
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