The People's Bank of China is weighing up whether to change rules governing how loan-to-deposit ratios are calculated at banks. Photo: AP The People's Bank of China is weighing up whether to change rules governing how loan-to-deposit ratios are calculated at banks. Photo: AP
The People's Bank of China is weighing up whether to change rules governing how loan-to-deposit ratios are calculated at banks. Photo: AP
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Beijing's policy on balance of payments resembles bank robbery

The People's Bank of China is weighing up whether to change rules governing how loan-to-deposit ratios are calculated at banks. Photo: AP The People's Bank of China is weighing up whether to change rules governing how loan-to-deposit ratios are calculated at banks. Photo: AP
The People's Bank of China is weighing up whether to change rules governing how loan-to-deposit ratios are calculated at banks. Photo: AP
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Jake Van Der Kamp

Jake Van Der Kamp

Jake van der Kamp is a native of the Netherlands, a Canadian citizen, and a longtime Hong Kong resident. He started as a South China Morning Post business reporter in 1978, soon made a career change to investment analyst and returned to the newspaper in 1998 as a financial columnist.