August 23, 2018 / 2:28 AM / in 3 months

China's banks face exposure to new large bad assets - regulator

Aug 23 (Reuters) - China’s banking sector faces exposure to new large bad assets, an official of China’s banking and insurance regulator said on Thursday.

The banking sector has difficulties in conducting credit expansion on a larger scale currently, according to the official. (Reporting by Ma Rong, Beijing Monitoring Desk)

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