China banks under pressure as loans turn sour
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China banks under pressure as loans turn sour

Shanghai : China | Aug 26, 2012 at 10:11 AM PDT
Source: BBC
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But the latest earnings reports from the country's banks, due by the end of August, are likely to show that the days of making easy money are numbered. Economic growth in China this year is forecast to slide to its lowest since 1999, stoking fears of losses from bad loans as struggling companies and local... FULL ARTICLE AT BBC
 
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