Löchel, Horst; Li, Helena Xiang - 2011
)). The contradiction of high profitability and low efficiency causes great confusion in understanding banking in China. Our …, Chinese banks led the global banking profitability ranking through the years from 2008 to 2010 and contributed one fifth of …. However, the low efficiency in Chinese banks is still persistent, as evident in many empirical studies (e.g. Feyzioğlu, (2009 …