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Tag: nonperforming assets (NPA)

A woman wears a protective mask as she walks past the People's Bank Of China (PBOC) on Financial Street, April 17, 2020 in Beijing, China. China's gross domestic product (GDP) stood at 20.65 trillion yuan (about 2.91 trillion U.S. dollars) in the first quarter of 2020 amid COVID-19 impact, down 6.8 percent year on year, according to data from the National Bureau of Statistics (NBS).

China Gave Out A Record $3.14 Trillion in New Bank Loans

Data released by the People’s Bank of China (PBOC) on Jan. 10 showed that China’s new yuan loan lending...