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Web Banks, Offering High Interest Rates, Rise in China.
- Source :
-
New York Times . 3/3/2014, Vol. 163 Issue 56429, pB1-B2. 2p. 1 Color Photograph, 1 Black and White Photograph. - Publication Year :
- 2014
-
Abstract
- The article discusses a trend of Chinese Internet companies offering consumers banking services with higher interest rates than those offered by Chinese banks as of March 2, 2014. Topics addressed include the impact of China's regulation of interest rates, as well as Chinese internet retail company Alibaba's creation of money market service Yu'e Bao.
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 163
- Issue :
- 56429
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 94719341