Work in progress
Article Abstract:
China's banks are overstaffed and inefficient, and 85% of their loans are not recoverable. Reforms are needed to avoid waste and high inventories. China's plan calls for support to 1,000 state controlled enterprises, and allowing the rest to merge, restructure, or go bankrupt.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
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Preparing for the shake-out
Article Abstract:
The Reserve Bank of India plans to increase control of the banking and finance industries to avoid depressed capital markets. Banks are making profits, but their costs are rising faster than their profits.
Publication Name: Asiamoney
Subject: Business
ISSN: 1607-0526
Year: 1997
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Comment about this article or add new information about this topic:
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