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Banks usually have stress tests on mortgage loans -- which account for a big share of their loans -- to ensure low non-performing ratios.

Bain's report noted that the rise of domestic brands in the consumption market poses a real threat to multinational brands because the former has a good read on local consumers, is willing to adapt quickly and can provide tailor-made products in a short period of time.

Baroness Fairhead said the UK has committed to participating in the upcoming Beijing Horticultural Expo, which will be held from April to October this year. Attracting 16 million visitors, it is the largest expo of its kind, focusing on green living, sustainability and horticulture. The Department for International Trade will lead this work on behalf of the British government, collaborating with a variety of partners to build a garden, pavilion and program of events for the expo.

Barcena recommended, among other things, that the region make "a productive transformation towards environmentally sustainable sectors, which would favor job creation and technological innovation."

Bad loans spiked, unlicensed underground banks collapsed, and dozens of investors fled their debts.