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< < Back to Start of Article HONG KONG Financial experts are expressing grave
worries about the solvency of China's banking system, which may have a
bad-loan problem several times as bad as Japan's.
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The head of China's central bank said recently that 25 percent to 30 percent
of all bank loans were not being repaid.
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On Thursday, the credit-rating agency Standard Poor's estimated that the
situation might be twice that bad, with half of all loans classifia |
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