 "China gets serious about bad debt")
China's banks, which dialled down fundraising efforts this year even as bad debts swelled, are making up for lost time. Both lenders and the companies set up to acquire their delinquent assets are bolstering their finances. China Citic Bank last month announced plans to raise as much as 40 billion yuan ($6 billion), while Industrial Bank and China Zheshang Bank are also boosting capital.
A look at China's rising bad debt and their capital rise:
