China’s Delinquent Loans Rise 333% Since End 2011

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

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