Purpose – Since the reform and opening‐up policy, the long‐term problem of loans became more and more serious when China's economy maintained rapid growth. The purpose of this paper is to explore the profound causes of the medium‐ and long‐term problem of loans and the relationship...

Purpose–Since the reform and opening-up policy, the long-term problem of loans became more and more serious when China's economy maintained rapid growth. The purpose of this paper is to explore the profound causes of the medium- and long-term problem of loans and the relationship between it...