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Subprime, suspicious and loss-making loans are called "non-performing loans", and the non-performing loan ratio is the most important indicator to measure the quality of bank assets. Is that correct?
correct

That's right. Since 2002, China has fully implemented the "five-level classification of loans" generally recognized by international banks, which divides loans into five categories: normal, concerned, secondary, suspicious and loss, of which the latter three categories are called "non-performing loans", and the non-performing loan ratio is the most important indicator to measure the quality of bank assets.