Has IR breached the Great Wall? Mark Sharp finds out
It may come as a surprise to some that Chinese citizens are among the world's biggest savers, stashing away billions of renminbi in bank accounts nationwide. But this enthusiasm for saving has been ebbing in the past few years due to a government policy of low deposit interest rates. The policy, which aims to encourage equity investment and boost China's stock markets, seems to be working. By the end of June 2000, personal savings in China totaled Rmb6.219 tn ($751 bn) - down 5.4 percent in
You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..
- Unlimited deep dives
- Data-driven research around key topics
- Buy-side insights
- Benchmarking reports
From
$1495
