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Blog Chinese Financials Feeling the Squeeze Amid Sluggish Credit Demand Chinese Financials Feeling the Squeeze Amid Sluggish Credit Demand Following strong double-digit profit growth in FY2021, we expect Chinese banks will be less profitable this year as COVID-19 lockdowns continue to disrupt China’s economy.
Alex Zhou Credit Research Analyst Share Share Share via LinkedIn Share via Facebook Share via Twitter Share via Email Add Add Download Download Print Print Mr. Zhou is a vice president and credit research analyst in the Hong Kong office. Prior to joining PIMCO in 2021, Mr. Zhou worked as an equity research analyst at UBS, Credit Suisse, and Barclays, covering China and Hong Kong financials with a focus on banks. Prior to that, he was a management consultant at KPMG. He has eight years of investment experience and holds a master’s degree from the University of Birmingham. He received an undergraduate degree from the University of International Business and Economics.
