– China’s Delinquent Loans Rise 333% Since End 2011 (ZeroHedge, Sep 19, 2012):
Presented with little comment since our jaws just hit our chest – these stunning headlines from a PWC report:
- *CHINA TOP 10 LISTED BANKS’ OVERDUE LOANS REACH 489B YUAN END-1H
- *CHINA OVERDUE LOANS RISE FROM 112.9B YUAN END-2011: PWC
- *INCREASE IN CHINA OVERDUE LOANS SHOWS NPLS MAY RISE, PWC SAYS
- *PWC CITES BANKS’ REPORTS FOR OVERDUE LOAN DATA
Oops:
This?