The credit squeeze is forcing Chinese banks offer yields of as much as 7 per cent on wealth management products. Photo: Sam Tsang
Laura He
Opinion

Opinion

Across The Border by Laura He

It’s a buyer’s market as Chinese banks scramble for cash, offer 7 pc yields on wealth management products

In a scramble to raise cash ahead of a review by the PBOC, banks are offering attractive yields on wealth management products through the end of June

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The credit squeeze is forcing Chinese banks offer yields of as much as 7 per cent on wealth management products. Photo: Sam Tsang
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