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Big 5 China banks post flat Q3 profits as they clean up bad loans

Monday, October 31, 2016 - 05:50

Shanghai

CHINA'S biggest listed lenders, facing the country's slowest growth in more than a quarter century and rising borrower defaults, reported flat third-quarter profits as they moved to clean up bad debt on their balance sheets.

They also came under pressure as core lending

sentifi.com

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