FOXBusiness.com: China's rate reform adds to concerns for bank investors

FOXBusiness.com FOX Business Network - The Power to Prosper

China's rate reform adds to concerns for bank investors Jul 22nd 2013, 04:16 Beijing's move to scrap the floor on lending rates is not yet a game-changer for Chinese banks, but it may have just started the countdown to an eventual industry overhaul which will deprive the banks of virtually risk-free profits.

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