Macquarie's Wang Favors China Minsheng Bank, AgriBank
Jul. 5, 2012
Victor Wang, a Hong Kong-based analyst at Macquarie Capital Securities Ltd., talks about China's banking industry and central bank monetary policy.
In a 45-minute span yesterday, the European Central Bank and People’s Bank of China cut their benchmark borrowing costs, while the Bank of England raised the size of its asset-purchase program. Wang speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)