Wealth and Asset Management
Wealth management products in China banking sector at RMB30 trillion
Wealth management products in China’s banking system totalled RMB30 trillion (USD4.35 trillion) at the end of April 2017, according to a Reuters report. The report cited an official with the mainland banking regulator. Banks held RMB4.2 trillion of interbank certificate of deposits at the end of April, up almost RMB70…
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