China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Launch Of Certificate Of Deposit Pushes China Toward Rate Liberalisation
Aggregated Source: China Money Network
The author is ANZ Greater China chief economist Li-Gang Liu China will launch certificates of deposit (CDs) that can be traded in the inter-bank market in the near-term, a step to gradually achieve deposit rate liberalisation, said Hu Xiaolian, deputy PBoC governor. She also said that China will create conditions to push forward interest rate […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network