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It is rumored that some Chinese banks have begun to make provisions for Evergrande loans
“Reuters” quoted news as saying that a major lending bank of China Evergrande has already made provisions for losses on Evergrande-related loans, and some creditors plan to give Evergrande more time to repay the loan. According to reports, the Agricultural Bank of China (01288.HK) has already provided loan loss provisions for part of Evergrande’s bonds, and Minsheng Bank…
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