Systemic banking crisis not in sight, analyst says
By Wang Tao | China Daily | Updated: 2014-04-01 07:26
Finance | Wang Tao
Key differences with US mean that Lehman-style shock remains unlikely
As more trust and wealth management products mature and as the economy slows this year, the number of payment issues and defaults hitting headlines will inevitably rise. However, a systemic "Lehman-style" financial crisis remains highly unlikely in our view.
Photo
