China will deepen LPR reforms, make deposit rates market-driven -central bank vice gov By Reuters
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© Reuters. FILE PHOTO – A China Yuan Note is shown in this illustration, May 31, 2017. REUTERS/Thomas White/IllustrationBEIJING (Reuters] – China will strengthen its loan prime rates (LPR) reforms, and make deposits market-driven gradually, Liu Guoqiang, the vice governor of China’s central bank said Friday in remarks.
China will increase market-based interest rates formation and transmission, Liu said in China Finance. This publication is part of the People’s Bank of China.
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