Chinese open-ended money market funds’ assets under management jumped almost 50% in the last quarter of 2013 to reach an all-time high of RMB737 billion ($123 billion), according to data released by Fitch Ratings. Retail investor demand channeled through online financial services became a new driving force in the last quarter of the year. Strong […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.