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Lower profits likely at major Chinese banks

By Yang Zhen and Zhou Yan | China Daily | Updated: 2009-03-24 07:56

Lower profits likely at major Chinese banks

A pedestrian walks past a Bank of China branch in Shanghai. Bloomberg News

On the eve of 2008 earnings announcements from China's top three State-controlled banks, analysts predicted that stricter provisions against doubtful loans could depress profit growth.

Lower profits likely at major Chinese banks

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