09 May Chinese banks, pitching safety and returns (maybe), lure customers into deposits
SHANGHAI, May 10 (Reuters) – At a Hua Xia Bank
branch in Shanghai’s financial district, Wang Shujuan, a
72-year-old retired doctor, is looking at moving her money out
of a high-yielding wealth management product into a bank deposit
bearing an indefinite rate of return.
branch in Shanghai’s financial district, Wang Shujuan, a
72-year-old retired doctor, is looking at moving her money out
of a high-yielding wealth management product into a bank deposit
bearing an indefinite rate of return.
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