The country’s ‘big four’ banks, including Industrial and Commercial Bank of China, are riding high on a surge in government infrastructure investment. Photo: Reuters
The country’s ‘big four’ banks, including Industrial and Commercial Bank of China, are riding high on a surge in government infrastructure investment. Photo: Reuters

Stable earnings growth expected by mainland banks, but bad-loan worries linger

As Beijing pours more money into infrastructure, lenders reap the rewards, despite strains put on the economy by US trade dispute

The country’s ‘big four’ banks, including Industrial and Commercial Bank of China, are riding high on a surge in government infrastructure investment. Photo: Reuters
The country’s ‘big four’ banks, including Industrial and Commercial Bank of China, are riding high on a surge in government infrastructure investment. Photo: Reuters
READ FULL ARTICLE