Chinese banks finished 2010 in a stronger position than they started, chipping away at their bad debt holdings.
Data by the China Banking Regulatory Commission show the non-performing loan ratio at Chinese commercial banks averaged 1.14 percent at the end of 2010, down from 1.58 percent at the start of the year.
The total industry-wide volume of bad loans fell to 429 billion yuan from 497 billion yuan during that time.
The banking regulator also says the liquidity ratio of commercial banks fell one percentage point year on year to 42.2 percent.
