HONG KONG/BEIJING -- Earnings at China's four leading state-owned banks are feeling the strain, weakening their ability to deal with bad loans even as Beijing needs them to lend more to support the economy.
China debt crunch
China's biggest banks under pressure as trade war heats up
With interest margins shrinking, lenders' ability to cope with bad loans in focus
Industrial and Commercial Bank of China, the country's largest bank, reported virtually flat earnings for 2024. © Reuters
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