Chinese banks’ bad news is good news. Agricultural Bank of China reported a 28 percent increase in bad loans over the last six months of 2014, as its earnings rose a measly 2 percent year-on-year. The rise in distress signals at the giant lender looks modest compared with what’s happening […]
Reuters via CHINA US Focus http://ift.tt/1LZabPH
Reuters via CHINA US Focus http://ift.tt/1LZabPH
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