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

Topic |   US-China trade war

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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
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Daniel Ren

Daniel Ren

Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.

Yujing Liu

Yujing Liu

Yujing Liu is a business reporter with a passion for understanding and explaining the fascinating complexities of China’s economy and society. Originally from Beijing, she joined the Post in 2017 after graduating from the University of Hong Kong with a degree in politics and journalism.

Zheng Yangpeng

Zheng Yangpeng

Zheng Yangpeng is a business reporter at the Post, covering China property, banking and finance. He previously worked for China Daily, joining the Post in 2016. He holds a Bachelor's Degree in Journalism and Communication from Peking University, and a Master's Degree in Global Business Journalism from Tsinghua University.