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Threats to Chinese growth are multiplying but some big companies are still posting their best results in years. What’s going on?
What Chinese growth slowdown? Some of China’s biggest companies, particularly its banks, have been posting their best earnings growth in years, despite all the gloom around a trade fight with the U.S. and rising bond defaults.
The buoyant results don’t mean all is well for the world’s second-largest economy.
Chinese listed companies’ average...