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China’s WMPs attract investors despite rules clampdown

Shadow banking activities and wealth management business in China have shown signs of declines, but investors' demands for such products should remain strong.
China’s WMPs attract investors despite rules clampdown

China's attempt to rein in unregulated lending activities has led to a decline in banks' wealth management products (WMPs) in the first half of the year, but industry experts believe investors retain a strong appetitie for such products at a time when deposit rates are low and liquidity conditions are expected to remain tight.

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