PBOC says highly indebted firms will not be allowed to invest in asset management products - ConsultFX

PBOC says highly indebted firms will not be allowed to invest in asset management products

China's central bank out with draft guidelines to new regulations 17 Nov - financial institutions will be punished for providing implicit guarantees for asset management products All part of China's attempts to balance growth/expansion of financial markets and liquidity/risk fallout. Copyright 2015 Forexlive.com