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The transformation of Chinese banks

Weekly investor research

06 July 2015

The world should pay more attention to China’s banks. Four of the largest seven banks in the world are Chinese and the next few years will usher in dramatic changes that will put them on track to compete directly with the largest Western banks. Brazilian economic data points to a trough, while Modi makes good progress in cutting red tape in India. Greece rejects austerity as Europe comes face to face with the consequences of its denial of the debt overhang issue.

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