Nothing wrong with a little healthy risk

Insurance | Zhou Feng

The People's Bank of China, the country's central bank, has started collating public opinion on the establishment of a deposit insurance plan to better protect savers and free up interest rates.

The central bank will cap insurance coverage at 500,000 yuan ($81,000) for each depositor's savings account. The coverage will give full protection to 99.6 percent of depositors in the country.