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Sat, Oct 18, 2003 - Page 11　News List

NPL plan draws mixed reaction

IMPRACTICAL Industry experts say establishing a long-term centralized mechanism to auction off bad loans will be too cumbersome to implement and doomed to fail

By Joyce Huang  /  STAFF REPORTER

He dismissed media speculation that Chinatrust has forged an alliance with Colony Capital Inc.

"If no partners are secured, Chinatrust is capable of managing bad-loan deals on its own," he said.

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