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In China, Ups and Downs of Profits
Keywords:
The outsize effect of a slowing economy on profits of Chinese companies, with higher interest expense on loans taken out for rapid expansion in the boom years, and the lower prices as a result of surplus capacity.
The effects of slowing growth on the profitability of Chinese companies in 2012
07/31/2012
Higher interest expense on loans taken out for rapid expansion, and the lower prices from surplus capacity built up in the boom years are affecting profitability of Chinese companies with slower growth in 2012. The slowing economy has an outsize effect on profits because of these factors.
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In China, Ups and Downs of Profits
Wall Street Journal 07/31/2012
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Wealth management products offer higher interest rates than the benchmark rate and reduce profits for China's large banks.
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