Chinese banks perform less effectively in 2014. - Although the golden age for Chinese banks is now in the past, their decline is not certain either if we read the financial results for the majority of them that have just been published for 2014. The biggest bank, ICBC, has reported that its annual profits increased by 5% last year to a rate of 276 billion Yuan (almost $41 billion). A year earlier, this increase stood at +10%. The same goes for the Bank of China, which saw its profits rise by...