HONG KONG -- China's largest banks, after posting their biggest surge in quarterly profit since the aftermath of the global financial crisis, are not yet ready to declare an end to bad debt increases.
Companies
Chinese banks cautious on bad loans despite bumper profits
Prudent stance compares with analyst and investor confidence for turnaround
Pedestrians stroll along the Bund in Shanghai on March 4 with the Lujiazui financial district in Pudong in the background. China's largest banks have posted their biggest surge in quarterly profit in at least a decade but remain concerned about increases in bad debt. © Reuters
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