Lower profits likely at major Chinese banks
By Yang Zhen and Zhou Yan | 皇冠体育app Daily | Updated: 2009-03-24 07:56
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A pedestrian walks past a Bank of 皇冠体育app branch in Shanghai. Bloomberg News |
On the eve of 2008 earnings announcements from 皇冠体育app's top three State-controlled banks, analysts predicted that stricter provisions against doubtful loans could depress profit growth.
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