Should investors worry about loan defaults in China?
How worried should investors be, about rising defaults on loans made by Chinese banks?
Andrew Jennings, of analytics and research company FICO, tells the BBC's Sharanjit Leyl that Chinese banks have come a long way in the last decade, adding that the rise in consumer lending has been driving profitability for many Chinese banks.
But he warns that the Chinese government may have to take action because, "If the Chinese sneeze, the world will catch a cold."
10 Dec 2013
- From the section Business