Chinese Shoppers Can Buy Bad Loans Online With Groceries

The video discusses the non-performing loan (NPL) issue in China, highlighting that despite a decrease, NPLs remain at a 12-year high. The Chinese government is encouraging banks and asset managers to address this through market-based solutions, leading to auctions on platforms like Taobao. These auctions feature a variety of bad loans and assets, including loans from steelmakers and properties in cities like Beijing. The video provides insights into the types of deals available and the collateral associated with these loans.

What is the current state of Non-Performing Loans (NPLs) in China?

• They have remained constant over the years.

• They are at an all-time low.

• They have been steadily increasing.

• They are at a 12-year high.

How is the Chinese government encouraging the management of NPLs?

• By nationalizing all banks.

• By increasing taxes on banks.

• By pushing for market-based solutions.

• By reducing interest rates.

What platform is being used to auction bad loans in China?

• JD.com

• Tencent

• Alibaba

• Taobao

What type of assets can be found in the auctions on Taobao?

• A mix of loans and various properties

• Only luxury goods

• Only commercial properties

• Only residential properties

Which of the following was mentioned as being auctioned on Taobao?

• A villa in a canal city

• A private jet

• A luxury yacht

• A gold mine