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Compared with political and military relations, economic relations based on market exchanges have the most obvious characteristics of mutual benefit, and they are also the most resilient and lasting forces in maintaining peace. The use of economic interests as bonds to gradually establish rules and regulations for mutual compliance is the most realistic and practical method for building a community with a shared future.
Commercial banks in China posted a 3.56 percent increase in the balance of non-performing loans, quarter-on-quarter, to 1.64 trillion yuan (5 billion) at the end of the second quarter, said the China Banking Regulatory Commission. The NPL ratio remains unchanged at 1.74 percent.
Composite image/GeekWire. Original: Mike Mozart, via Flickr.
Co-leader of the research, Professor Alan Lopez from the University of Melbourne said decisive actions were required from government to address the issue, adding that the ongoing COVID-19 might worsen social inequality.
Commercial banks, especially small and medium-sized ones, should replenish capital to ensure sufficient lending to the real economy, said Lou.
来源：资阳报