UPDATE 1-China launches draft rules for insurance of bank deposits

BEIJING, Nov 30 (Reuters) - China on Sunday issued draft regulations to introduce a bank deposit insurance system for the first time, the latest in a series of steps that pave the way for...

from Reuters: Financial Services and Real Estate http://feeds.reuters.com/~r/reuters/financialServicesRealEstateNews/~3/T8PR3XzzmX4/story01.htm