Deposit insurance just one step on the path to reform
By Mike Bastin | China Daily | Updated: 2014-12-09 07:29
Banking | Mike Bastin
Regulators in China are set to announce a long-awaited deposit insurance system as early as the start of next year, which should pave the way for the full liberalization of interest rates.
Draft rules for the system have been released by the State Council, the Chinese cabinet, for public comment.
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