Rising Consumer Concerns about WMPs
CHINA ADVISORY
- Report
30 Jun 2017
by Andrew Collier
In May, we conducted a survey of buyers of Wealth Management Products (WMPS) in China and also examined related data on defaults from the courts and public sources. We believe the RMB 26 trillion WMP market is the most liquid and volatile within China’s financial system and would be prone to runs if confidence were to end.
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