China's Alibaba stalks banks with investment product
Unlike wealth management products sold by banks, Yuebao has no minimum requirements on investment or time period. Its seven-day annualised yield peaked at 6.76 percent in January, more than double China's benchmark one-year deposit rate of 3 …
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China Unveils Measures to Regulate Banks' Wealth-Management Products
BEIJING—China's banking regulator imposed fresh requirements on banks to keep their wealth-management product business in check, in another step to tighten its grip on a once-loosely regulated part of the shadow-banking business. Banks must separate …
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Why China (and Its Brands) Fell For 'Transformers 4'
It's a product placement for China Construction Bank, one of many Chinese brands scattered throughout the film, and one way producers tailored the film for Chinese viewers. Other tactics: a long sequence set in Hong Kong, a Chinese star (Li Bingbing …
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