Econ and Finance - 19 Jul 2017

The CBRC tries to diffuse a deposit war

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China’s banking regulator is telling banks to cool it.

Blomberg has the skinny (link below) — the regulator is instructing banks to lower yields on Wealth Management Products.

The policy is largely aimed at a specific segment of the banking system. Regulators want to keep city-...

Snuh-ohez.

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