China Is Squeezing the Wealth Management Product Bubble
A pedestrian walks past residential buildings which stand near the Shenzhen Bay Sports Center in Shenzhen, China, on Tuesday, Aug. 23, 2016. Derivative markets are pointing to renewed bets on yuan depreciation, with a three-month measure of expected price swings poised for the biggest monthly increase since January.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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China keeps tightening the screws in its campaign to reduce the mountain of debt.