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Chinese loan officers are finding themselves torn between conflicting policy goals. Beijing wants the country’s commercial banks to help fund infrastructure spending to support cooling growth, but isn’t relaxing a campaign to cut a US$290 billion pile of bad debt. They also need to somehow remain profitable. First-half earnings show the pressure is pushing them […]

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North Korean leader Kim Jong Un traveled to the Chinese capital—his first trip outside his own country since coming to power—on a mission to strengthen ties with Beijing ahead of a planned summit with U.S. PresidentDonald Trump.

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