China banks strike back against threat from Internet finance

Comments (1)
breezinthru wrote:

Several months ago, Reuters mentioned Chinese wealth management products with names such as Golden Elephant that were on shaky financial footing, warning of a potential crisis when savers discovered how insolvent those funds were.

How do these Ali Baba wealth management products compare? And whatever happened to those previously mentioned wealth management funds?

Feb 24, 2014 12:30am EST  --  Report as abuse
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