China’s big four banks ‘a good bet’ after 19th Party Congress

Uwe Parpart, chief strategist at Capital Link International, said the 19th Party Congress provides good assurance on China’s ability to deleverage debt loads to the benefit of China’s top four banks. Parpart explained that strong industrial profits created an environment that was good for China’s banking system. “The industrial profits in China are very good. They had the […]