China Construction Bank Profit Slows

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China Construction Bank Profit Growth Slows on Rising Bad Loans CAT 2013
China Construction Bank, Nation's Second largest lending bank had posted a margin profit compared with last 5 quarters due to bad loans. This is because of rising debt-defaults and upcoming demand for lending, which sees the slowest expansion in 23 years. This foresees the growth rate of less than 10% after they had lended shares to the public. 
Bloomberg News.
Location: China

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