Trivium Neopol - Econ and Finance | Logo 28 Jun 2017

China sees record reduction in risky financing products

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Still don’t buy that financial deleveraging is taking hold?

Recently released data show that outstanding interbank wealth management products (WMPs) declined by RMB 1.6 trillion in May — that’s the largest monthly drop in 10 years.

Why it matters: Interbank WMPs are exactly the...


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