Yang Yao

Banks need more de­posits and flex­i­ble in­ter­est rate poli­cies in or­der to fi­nance small and medi­um-size busi­ness­es.

In­creased im­ports would help re­duce in­fla­tion, but Chi­na must over­come its mis­trust of open­ing do­mes­tic mar­kets.