China’s wealth management products have been a popular investment, attracting 29.1 trillion yuan as of end 2016. Photo: AFP
Alun John
Opinion

Opinion

Across The Border by Alun John

China’s 28tr yuan of wealth management products under mounting stress in second half, analysts say

Rules intended to clamp down on shadow banking are likely to result in rising defaults among wealth management products, raising concerns whether banks will guarantee the investments

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China’s wealth management products have been a popular investment, attracting 29.1 trillion yuan as of end 2016. Photo: AFP
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