Chinese banks' profits will weaken even more in the second half of 2020, says Fitch Ratings

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Chinese banks' profits will weaken even more in the second half of 2020, says Fitch Ratings

Banks in China are likely to record greater declines in profits in the second half of this year as bad loans are set to rise further as a result of the coronavirus pandemic, according to Fitch Ratings. Chinese authorities aim to dispose 3.4 trillion yuan ($497 billion) …
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Baystate Business: Voting and Polls (Radio)

Bloomberg Baystate Business for Thursday, September 3rd, 2020. – Journalist and author Dan Kennedy on ranked choice voting (3:03). – Bloomberg
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Builders and Manufacturers Could Lead This Recovery

Photographer: Bing Guan/Bloomberg. This is Bloomberg Opinion Today, a factory-built assemblage of Bloomberg Opinion's opinions. Sign up here.
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Bill Gates Backed Battery Maker Goes Public In $3.3 Billion Deal

QuantumScape, a 10-year old battery company backed by Volkswagen Group, is looking to go public through a reverse-merger with SPAC Kensington Capital Corp. The San-Jose California based battery company is looking to become an industry-wide …
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(Podcast)Jonathan Bernstein on Absentee Ballots (Podcast)

Bloomberg Opinion columnist Jonathan Bernstein says that this election year will involve more absentee ballots and less certainty on the day of the
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One response to “Chinese banks' profits will weaken even more in the second half of 2020, says Fitch Ratings”
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