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China's Rural Credit Problem
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China's Rural Credit Problem

Our Correspondent
May 30, 2013
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Asia Sentinel
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China's Rural Credit Problem
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Broad concerns have been rising in China over nonperforming loans and wasteful lending by state-owned enterprises. While major government-owned banks steal the most headlines, it's also important to understand how credit operates at the lowest grassroots levels. Unsurprisingly, that system has risks and inefficiencies of its own.

Rural Credit Cooperativ…

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