China's central bank set up a deposit insuarnce fund management company, it's latest move towards a market-oriented mechanism to dissolve increasing financial risks. It came at a time that market concerns spike after the financial regulator announced takeover of a regional commercial bank due to serious credit risks.
The People's Bank of China set up Deposit Insurance Fund Management Co. Ltd last Friday with registered capital . . .
To continue reading, please subscribe.
We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. Don't miss out!
What you'll get:
- Original and in-depth reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
- Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related information.
- Weekly Market Wrap-up on Chinese equities, bonds, the yuan and commodities!
- Interviews with China experts. We find you insights you should never miss!
Not ready for the full service? Subscribe to our Free Weekly Newsletter first.
Already have an account? Sign In