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Profits From Chinese Banks, No Change
Summary by El Economista
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Three of China's largest banks announced virtually unchanged annual profits, while the world's second largest economy is shaken by an increasingly severe debt crisis in the real estate sector, in the midst of a prolonged slowdown. China's Industrial and Commercial Bank (ICBC), the world's largest asset credit institution, and China's Construction Bank (CCB), both registered less than 1.0 per cent growth in their 2025 net profits.The Communicatio…
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