| Sovereign wealth fund (CIC) Chairman Li expressed concern that it is becoming more difficult to find investible long-term projects, also noting that while QE may weigh on emerging markets in the short term, those challenges would likely be temporary. Li also said Q1 GDP in China thus far appears to be unsatisfactory, but Q2 will likely see "very real growth."
China's Ag Bank is up over 3% after reporting FY13 results overnight. Profits were in line, Rev above expectations, and NPL ratio fell 11bps to 1.22%.......................................Full Article: Source
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