China Takes Next Step On Modernizing Banks


China Takes Next Step On Modernizing Banks
BY LINGLINGWEI — Liyan Qi contributed to this article.
The Wall Street Journal Europe
Apr 1 2015

BEIJING— By moving to insure bank deposits at home, China’s leadership has its eyes abroad. China on Tuesday detailed a plan to launch a deposit- insurance system in May, a long- awaited move that is aimed at better disciplining its lenders and their…read more…

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