"If an overdue loan is classified as entirely non-performing, then we have to set aside 100 percent in provisions," said a senior executive at a joint-stock Chinese bank. "But we may not have 100 percent of loss. So it's not reasonable to put aside so much. It's a waste of capital."
What's the worst that could happen, right?
If we don't support the movies that deserve it, we get the movies that we deserve.