2017/02/12 |
Interwoven with Banks: Shadow Banking in China
Deposit rate liberalization in China was a big step forward but the country still has work to do in improving transparency, loss-bearing and risk pricing in the financial system.
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Matthew Phan, CFA, is a senior analyst at CreditSights, the independent credit research firm. He covers the USD bonds of Asian financials and specializes in the Chinese banking system.
Deposit rate liberalization in China was a big step forward but the country still has work to do in improving transparency, loss-bearing and risk pricing in the financial system.