Chinese banks have piled up a mountain of problem debts over the past decades due to reckless -- usually government-ordered -- lending to state-owned enterprises, sapping their competitiveness, analysts acknowledge.

• 分析家认为,过去几十年里,中国的银行之所以积累了巨额的呆帐坏帐,是因为他们在向国有企业贷款时缺乏谨慎--他们的借贷行为经常都是听从政府命令--这样做降低了他们的竞争力。