There is one simple way to reduce a bank’s bad loans: change how they are defined. Beijing has followed this path, encouraging lenders to go on propping up China’s slowing economy. But the banks cannot hide weakening profits from investors so easily.
減少銀行不良貸款有一個簡單方法：改變不良貸款的定義。北京方面就是這么做的，鼓勵銀行繼續支撐中國放緩的經濟。但是銀行無法如此輕易地向投資者隱瞞利潤的下降。
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