Deposit and Lending Rates: Significance and Impacts of their Liberalization
摘要
The last step in interest rate liberation in China is the liberalization of deposit and lending rates. An analysis of the impact of deposit and lending rates liberalization presupposes an adequate understanding of the financial system as a whole: how it is set up, what problems it faces, and its development outlook. A study on these issues will shed light on the reasons for, goals of and how to achieve interest rate liberalization in China.