Chinese banks will underperform in 2013



Gordon Orr : businessman
Mainland banks have undergone a remarkable financial recovery over the past decade, thanks to the sector’s initial recapitalization and China’s rapid economic growth. As the economy slows, however, two issues are of immediate concern: the scale of nonperforming loans left behind after the 2009 economic stimulus and the volume of wealth-management products recently snapped up by retail investors in search of decent returns.
Gordon Orr is a McKinsey Director (Shanghai)


http://www.mckinseychina.com/2013/01/17/whats-in-store-for-china-in-2013/