New Delhi, Jan 23 (IANS) China’s rural banks are stuck with hundreds of foreclosed homes that couldn’t get auctioned even at steep discounts, signalling deep stress in the property sector and financial system, a report has said.The report in Modern Diplomacy said that the stress in the property sector spilled into local bank balance sheets and could widen into a major non‑performing‑asset disposal cycle.It cited UBS estimates, which showed “the volume of foreclosed properties nationwide co…
Trending
- Brown (2026) Review: Karisma Kapoor Delivers a Career-Defining Performance in This Hauntingly Beautiful Zee5 Crime Drama
- Gullak Season 5 Review: The Mishras Are Back and More Heartwarming Than Ever
- Mango Pachcha Review (2026): A Gritty Crime Drama That Hits Close to Home
- Peddi (2026) Movie Review: Ram Charan’s Career-Best Performance Powers a Stirring Tale of Grit, Identity and Belonging
- Parimala And Co (2026) Review: Pandiraj’s Warm Whodunit Is a Comfortable, Crowd-Pleasing Ride
- Bandar (2026) Review: Bobby Deol’s Most Daring Performance Yet in Anurag Kashyap’s Brutal Prison Drama
- Hai Jawani Toh Ishq Hona Hai Review: Varun Dhawan’s Most Entertaining Comedy in Years
- Maa Behen Review (2026): Madhuri Dixit, Triptii Dimri Deliver a Wickedly Funny Crime-Comedy That Refuses to Apologise