Differential deposits
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
There’s something odd going on with Chinese bank deposits.
On Monday, Caixin reported that the banking industry body responsible for managing deposit rates has asked small banks to reduce the interest they pay on deposits by 10 basis points (bps).
Citing unnamed sources, Caixin said the reduction i...