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July 9th, 2012
China’s Banking Sector Under Pressure
Posted: 09 Jul 2012 03:00 AM PDT
By Walter Kurtz – Sober Look July 9, 2012 Concerns about China’s banking system’s bad loan portfolios continue to surface. China Daily: – The Chinese banking system is facing growing pressure from an increase in non-performing loans [NPLs] and an expected decline in profits in the first half of this year, due to a faster-than-expected [...]