Alhough the Bank of China curtailed its lending growth to only 6% last year because of concerns about credit quality, many new local banks have expanded their lending aggressively, and could now suffer huge losses as the economy slows and firms’ solvency weakens.
尽管去年中国银行出于对信用质量的担心减缓放款，但许多新的地方银行却迅速提高了各自的放款量，随着经济增长的减速和企业偿债能力的减弱，它们可能蒙受巨大损失。