More bad loans on the books of Chinas banks, but Finance Minister undisturbed

Minister of Finance Lou Jiwei gives a press conference at the press center of the two sessions, March 7, 2016, Beijing. [Feng Yongbin/chinadaily.com.cn] The number of bad bank loans is increasing, but China has the ability to resolve the issue, Lou Jiwei, China’s Minister of Finance, told a news conference on Monday at the 4th session