Crisis? What Crisis?

摘要

In 2008, as US and European banks foundered in the worst financial storm since the Great Depression, Industrial and Commercial Bank of China-now the largest bank by market capitalization in the world-logged a 35.2 percent increase in net profit to Rmb111.2 billion ($16.26 billion). China Construction Bank, the second biggest, climbed 33.99 percent to Rmb92.64 billion, and Bank of China 14.42 percent to Rmb64.36 billion.rnNo other bank results around the world look remotely like these. And in the uncertain environment of 2009 these banks have continued to grow at an extraordinary pace, particularly in terms of lending. Loans in the first half of the year, at Rmb7.4 trillion, have already surpassed annual new loans in any previous year, according to Bank of America Merrill Lynch. This is already way ahead of a targeted Rmb5 trillion for 2009 suggested by China's leaders at the start of the year.