TOKYO -- With protracted real estate woes pushing down lending rates, 80% of Chinese banks have seen their interest margins fall below the industry threshold for profitability, a Nikkei analysis shows, raising concerns over the sector's stability.
Finance
80% of Chinese banks see margins shrink below profitability threshold
Profits slammed as companies, households borrow less due to property slump
Lending rates for micro-enterprises at the Industrial and Commercial Bank of China have fallen to around the same level as larger companies. © Reuters
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