{
  "id": 519634,
  "title": "China’s banks look to unload more than US$8.2b in bad credit-card loans",
  "url": "https://urgent.news/2026/08/11/chinas-banks-look-to-unload-more-than-us-8-2b-in-bad-credit-card-loans",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T00:00:20.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/banking-finance/article/3363563/chinas-banks-look-unload-more-us82b-bad-credit-card-loans"
  },
  "original_language": "en",
  "account": null,
  "summary": "China’s commercial banks have stepped up efforts to dispose of non-performing credit-card loans, putting billions of yuan in troubled consumer debt up for sale as lenders seek to clean up balance sheets amid rising bad loans and shrinking interest margins. About 130 notices seeking buyers for bulk transfers of non-performing credit-card loans have been disclosed on the Banking Credit Asset…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}