China’s Big Five banks post slimmer margins as economic challenges persist By Reuters

Banking Sector Performance: China's major banks reported narrower profit margins and some declines in profits due to an economic slowdown and challenges from rising tariffs, with notable drops in net profit for Industrial and Commercial Bank of China and Bank of China.

Future Outlook and Risks: Analysts predict increasing asset risks and potential rises in non-performing loans as the economy transitions, while further interest rate cuts may compress banks' profitability amidst ongoing trade tensions with the U.S.