CHINESE banks are packaging more of their non-performing loans (NPLs) as asset-backed securities (ABS), the latest wrinkle in the nation’s property debt crisis at the heart of its economic downturn.
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CHINESE banks are packaging more of their non-performing loans (NPLs) as asset-backed securities (ABS), the latest wrinkle in the nation’s property debt crisis at the heart of its economic downturn.
