BoA: China�s Wealth Management Products Pose Systematic Risk


BoA: China’s Financial Products Pose Systematic Risk The risk of a liquidity crisis in China’s bank-run wealth management product (WMP) space, the biggest “deposit” base of China’s shadow bank, is growing at an alarming rate according to Bank of America Merrill Lynch’s February 29 report on the sector. According to figures from the Annual Report of…