China Financial Regulators Ask Some Banks Not To Classify Overdue Vanke Loans As Non-Performing, Extending Loan Repayments — RTRS Cites Sources
Move Aimed At Easing Liquidity Pressure On Vanke
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China regulators urge banks to keep Vanke loans non-bad-debt
Sources say regulators asked some banks not to classify overdue loans to China Vanke as non-performing and to extend repayment deadlines for the state-backed developer.