China became serious about disposing of the nonperforming loans in its banking sector in response to the Asian … financial crisis of 1997-98. In 2003, the big four state-owned banks (the Industrial & Commercial Bank of China, China … Construction Bank, Bank of China, and Agricultural Bank of China), as well as the China Development Bank, began the process of …

Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local …

deregulation in China. Such deregulation leads to higher screening standards, lower interest rates, and lower delinquency rates for …

Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local …