China could abolish policy rates in 2015: Deutsche

18 Sep 2013

Transforming China’s monetary policy framework to a price-based one with fully liberalised interest rates requires a series of steps that is expected to materialise in two years, says the bank.

China’s monetary policy rates consist of deposit rates and lending rates, but these could evolve into the establishment of a single fixed prime rate in the next two years.

Once China’s certificate of deposit (CD) market is well developed and the ceiling on the deposit rate is ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.