China's households divert 12.7tr yuan to wealth-management products. Photo: AFP
China's households divert 12.7tr yuan to wealth-management products. Photo: AFP
Business /  Banking & Finance

China's households divert 12.7tr yuan to wealth-management products

Households shy from trusts as government seeks to manage shadow banking risks

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Updated: 1:41am, 16 Aug, 2014

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China's households divert 12.7tr yuan to wealth-management products. Photo: AFP
China's households divert 12.7tr yuan to wealth-management products. Photo: AFP
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