China’s $3.6 Trillion Wealth Management Product Pool Threatens Banks

The continued rapid growth in wealth management products invested through Chinese banks could be a key and critical source of credit and liquidity risk for some financial institutions, according to a research report by Fitch Ratings. The outstanding balance of wealth management products increased to RMB23.5 trillion (US$3.6 trillion) at the end of 2015, up […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network