China's central bank has asked commercial banks for feedback on draft rules for a long-awaited deposit insurance system, three industry sources said on Friday, amid a debate on whether the country ...

China on Sunday issued draft regulations to introduce a bank deposit insurance system for the first time, the latest in a series of steps to fully liberalise interest rates and allow banks to ...

The draft rules, issued by the Legislative Affairs Office of the State Council, China's cabinet, directly cover deposits of up to 500,000 yuan ($81,395), according to a notice published on the ...