Text size

China reportedly looking to curb WMPs after stock market crashes

The China Banking Regulatory Commission (CBRC) is reported to have cracked down on the recurring issue of high-yield Wealth Management Products (WMPs), again. Similar reports have appeared in recent years, and the situation has never been remedied, revealing a significant weak spot in China’s finance industry. WMPs are in essence off-balance sheet loans restructured into high yield notes. It was…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]