China WMP rules to push up funding costs, boost transparency
As Beijing finally acts to restrict controversial, opaque, risky wealth management products, CT looks at what the impact will be for corporate treasurers.
Treasurers at Chinese corporations will see funding costs rise as new rules on wealth management products (WMPs) take effect, analysts have warned. But those who rely on such products as a way of earning a return on spare cash will have the reassurance of increased transparency.
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