Major Chinese banks raise deposit interest to maximum
http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20140125000103
Trying to hold onto cash?
Interesting story, thanks for providing it. I didn’t see anything in the writeup, though, as to what the Chinese bank interest rate was, only that it was 10% higher. Any idea what their effective rate is?