Free Trial

China Should Beware of Fin'l Risks from SME Lending: Times

CHINA PRESS
MNI (Sydney)

China should beware of potential risks from rising bad debts and defaults in the second half of 2021, the Securities Times said citing Huang Yiping, a former PBOC monetary policy advisor. While bank lending last year helped protect the economy and provided a lifeline to SMEs, it s questionable whether all the loans will be repaid, Huang said. He also said the advantages China has enjoyed over other economies since last year may shrink and even have a "lethal" impact, citing U.S. expansion policies affecting investors' sentiment. However, Huang was "very optimistic" that performance will be good this year, the Times reported.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.