Chinese Banks Can Withstand a 30% Decrease in Housing Prices
Published:
2010-05-13
According to stress tests imposed on Chinese banks by the China Banking Regulatory Commission, the Industrial and Commercial Bank of China and the Construction Bank of China may be able to handle a housing price drop of around 35%; the Communications Bank of China may withstand a housing price fall of 30%; China Minsheng Bank and China Merchants Bank can survive if housing prices decrease by 40% and 37% respectively.
Source
The Beijing News
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