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1.Market Observations, 8.Was Sticky

5 July 2018 (AFR) – China’s property bad loans to jump 20pc in 2018

(5 July 2018, AFR, p29, by Bloomberg News)

‘China’s bad loans from the real estate sector will increase by at least 20 per cent this year as a campaign by regulators batters the property market, according to a survey of lenders and bad-loan managers. The property market will see an “increasing correction” under heavier restrictions, leading to a rise in the non-performing loan ratio linked to the sector to about 1.5 per cent, China Orient Asset Management said in its latest annual survey. While the bad loan ratio in the property industry is low, the level is edging towards the economy’s average of 1.75 per cent, according to the survey.’

Read more at AFR.com (might need AFR login access, or try: AFR.com /trial)

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