News Column

15.8% China Total Liabilities from Rural Areas

April 28, 2014

BEIJING, April 28, SinoCast -- Agricultural Bank Of China Limited (ABC, SHSE: 601288, SEHK: 1288) and Southwestern University of Finance and Economics (SWUFE) jointly released a report on financial conditions of Chinese rural families, showing that 15.8% total liabilities come from rural areas while 9.6% rural liabilities belong to risk debts, higher than 6.5% average level nationwide. Private debts accounted for 64.6% of total liabilities, higher than average level nationwide.

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Source: Sinocast Banking & Credit Beat (China)