HONG KONG -- China's regional banks are moving faster than big institutions in disposing of nonperforming real estate loans, while the government urges them to lend more to support a weak housing market.
Net interest margins strained by government pressure to lend more
While China is pushing its banks to lend to real estate developers, unfinished apartment buildings can be seen in many cities. © Reuters
HONG KONG -- China's regional banks are moving faster than big institutions in disposing of nonperforming real estate loans, while the government urges them to lend more to support a weak housing market.