Wednesday, February 12, 2014
New Policy Might Hit Banking Products Flooding The Market
ANBOUND
China's banking products have been developing rapidly since its launch in year 2005. ANBOUND research team highlighted that the excessive banking products in the market are indeed accumulating risks. Once the risks "outbreak", it will most likely be transformed into systematic risks that threaten the overall banking system instead of one or two banking products. Therefore, the Chinese banks should be wary that their banking products might be hit by new policy.