A description of a screenshot in the article: "A recent listing on Taobao for a portfolio of non-performing loans from some companies in Yunnan province."
Quote from the article: "Used by millions of Chinese to buy everything from clothes to food and electronics, the platform, known for its bargains, typically markets more than 1 billion yuan of soured assets a day, according to Bloomberg calculations. Recent listings include a portfolio of 118 non-performing loans from some companies in Yunnan province, a villa seized by a bank in the southern canal city of Shaoxing, and a property in central Beijing that’s also in default."
Submitted July 16, 2017 at 10:29AM by COMPUTER1313 http://ift.tt/2t4UzDe
