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An increase in the bad loans rate,......>

CHINA PRESS
CHINA PRESS: An increase in the bad loans rate, caused by stricter standards for
bad loans and the deleveraging of enterprises, does not indicate deterioration
in asset quality, said Zhao Changwen, analyst of Development Research Center of
the State Council (DRC), according to Financial Times, a publication under the
PBOC. 
  - It is, however, necessary to be cautious about the surge in individual
housing loans and its potential risks, Zhao said, according to the newspaper. 
  - Risks in the banking sector are still controllable, but rises in housing
prices must be firmly curbed, macro deleveraging rate must remain stable and the
transformation and upgrading of the real economy must see substantial results,
Zhao added, according to the newspaper.

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