Banks in China Seeing Improvement

The economy has seemed to affect each and every country in the world. A bank by the name of China Construction Bank is one of the world’s largest banks. The bank stated recently that it has tightened its standards for allowing people to take out a loan. This allows the bank to focus on the “bad debt” portion of its business. Bad loan costs are actually really common in China. Banks are being more careful in how they deal with their...

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