why GOD let poor people starving????
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China Bad Loans Rise for Third Straight Quarter as Economy Slows
Chinese banks’ bad loans increased for a third straight quarter for the first time in eight years, highlighting pressures on asset quality and profit growth as the economy weakens. Non-performing loans rose by 18.2 billion yuan ($2.86 billion) in the three months ended June 30 to 456.4 billion yuan, the China Banking Regulatory Commission said in a statement on its website today. Bad loans surged at all types of banking institutions, including the largest state-owned lenders, rural banks and foreign banks, the regulator said. Chinese lenders are grappling with rising defaults, weaker loan demand, and lower lending ... (full story)
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Some people say I'm lucky, but the more I practice the luckier I get