Trade tensions cast shadow as China's top banks post higher profits
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BEIJING (Reuters) - Agricultural Bank of China (AgBank) , the country's third-largest lender, said its asset quality is expected to stabilize but mounting trade tensions are a threat to the global economy, after posting higher half-yearly profits.AgBank was the first of the so called Big Four state lenders to report interim results on Tuesday. Its earnings and that of China Construction Bank Corp (CCB) and Bank of China Ltd (BoC) were underpinned by steady or improved margins and bad loan..