Financial reform in China : next big step will be interest rates

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<title>Financial reform in China</title>
<subTitle>: next big step will be interest rates</subTitle>
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<namePart>Dai, Xin</namePart>
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<dateIssued>2019</dateIssued>
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<abstract displayLabel="Summary">China's two-track interest rate regime is set to become one in the next two years. Market-based interest rates will help channel risky shadow lending activity back onto bank balance sheets. More broad-based market liberalisation will boost life premiums and encourage insurers to improve asset management capabilities</abstract>
<note type="statement of responsibility">Xin Dai</note>
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<topic>Reforma financiera</topic>
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<topic>Productos de seguros</topic>
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<topic>Mercado de seguros</topic>
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<title>Economic Insights</title>
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