Deposits qu nar?
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
Savers are finally paring back their bank deposits – but so far, it's not translating into higher consumption.
On Friday, freshly released central bank (PBoC) data showed household deposits fell in July, by RMB 809.3 billion – the first decline since March.
Deposits of non-financial firms also fell...