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The expansion of listed Chinese.........>

CHINA PRESS
CHINA PRESS: The expansion of listed Chinese commercial banks has slowed so far
this year but profits continue to grow due to the robust economy, stable
monetary policy with a tight bias, and stricter regulation, the Financial News,
a journal run by the People's Bank of China, reported Friday, citing the latest
note from the Bank of China. Net profits of listed banks are expected to
increase 4.3% and the non-performing loan ratio will stand at around 1.6% in
2017, the report said. The rising profits of industrial companies have reduced
the default risk of their loans. Asset qualify will improve in 2018 as the
credit risks are reduced further, the report argued. The BOC predicted GDP would
rise 6.7% in 2018, the newspaper noted. (Financial News)
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