Tighter Chinese monetary policy may cause the country's banks to rely less on asset growth and more on fees to generate income, says Ernst & Young. The report fails to note the extent to which these lenders are vassals of the State and will ultimately direct their focus to where they are told.
Tighter Chinese monetary policy may cause the country's banks to rely less on asset growth and...
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Symbol | Last Price | % Chg |
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IDCBF | - | - |
Industrial and Commercial Bank of China Limited |