Non-performing loans as a share of bank assets reached 0.656 % in 2017 in China, according to the National Central Bank. This is 0.06 % less than in the previous year.
Historically, non-performing loans as a share of bank assets in China reached an all time high of 5.44 % in 2004 and an all time low of 0.369 % in 2012. When compared to China's main peers, non-performing loans as a share of bank assets in India amounted to 6.12 %, 7.24 % in Russia and 0.660 % in USA in 2017.
China has been ranked 75th within the group of 79 countries we follow in terms of non-performing loans as a share of bank assets, 60 places behind the position seen 10 years ago.
A non-performing loan is a loan that is in default or close to being in default.