Chinese banking is at a crossroads. The rise of Chinese banks over the past decade has been nothing short of phenomenal, but there are still challenges ahead as the government urges them to lend more to keep the economy moving.rnThere is more than a touch of deja vu about this. In the 1980s and 1990s, Chinese banks put on huge volumes of bad debts as a result of state-directed lending. Then in 1990 came the big clean up as the non performing loans were moved out into workout companies and the banks recapitalised.rnSince then, every move in Chinese banking has been onward and upward - stock market listings, strategic stakes taken by international banks, improved corporate governance and risk management and stellar growth.
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