@MittRomney tweets related to: Wealth Management, China, Crackdown, Products

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The Chinese stock market took a hit Thursday after its banking regulator issued new regulations to tighten control over banks' wealth management products (WMPs). WMPs are essentially a pool of securities (trust products, bonds, stock funds) that have yield that is on average 2 percentage points higher than bank deposits.
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Everything You Need To Know About China's Crackdown On Wealth Management Products by @mamtabadkar http://t.co/qrFeOHNJcy

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