China banks turn blind eye as corporate debt piles up

The problems at China’s Yingli Green Energy Holding Co Ltd (YGE.N), the world’s No.3 solar-panel maker, are going from bad to worse as the company struggles with mounting losses, collapsing product prices and a stock in free-fall. And yet, despite a government directive to rein in loans, Chinese …

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China banks turn blind eye as corporate debt piles up

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