Effects of China's Non-performing Loans On Banking Financial Statement and Financial Statistics 1.0 Overview of NPL in China ● NPL definition As a matter of fact, there were no so-called NPLs in the minds of Chinese bankers until 1996. The Loan Rule, formulated by the People's Bank of China in 1996, stipulated that there were three types of NPLs, 'overdue', 'doubtful' and 'bad'. This approach underestimated NPLs as it did not include highly risky loans that were still …
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…Y, The Way of Dealing with Non-performing Loans and Its Effects on Macro-statistics in China (Beijing May 16 2003) , National Accounts Department, National Bureau of Statistics, China Richard Peiser, Bing Wang. (2002, October). Non-performing loan resolution in China. Real Estate Issues, 27(3/4), 115-127. Retrieved June 8, 2004, from ABI/INFORM Global database. (Document ID: 324783611). Nicholas Lardy (1998), China's Unfinished Economic Revolution, Brookings Institution. Shih, V, Dealing with Non-Performing Loans: Political Constraints and Financial Policies in China Department of Political Science, Northwestern University