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China's Newly Launched CD Market May Benefit Midsized Banks The Most
Aggregated Source: China Money Network
China's midsized banks are the most likely to benefit from the launch of a certificates of deposits (CD) market that the Chinese central bank announced this week, says credit rating agency Standard & Poor's Ratings Services. The reason is that Chinese midsized banks have greater reliance on short-term wholesale funding than the rest of the […]

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