China’s banking regulator has asked some commercial banks to suspend issuance of classified asset management products, in Beijing’s latest effort to curb financial risk amid a rising number of debt defaults this year, people with knowledge of the matter said on Wednesday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
