A new report shows that China's "shadow banking" sector is now valued at 4.4 trillion US dollars. The Chinese Academy of Social Sciences report also warns of potential risks to the financial system.
Sunday, May 18, 2014
China's Shadow Banking system estimated at US$4.4 Trillion
China's 'Shadow Banking' Sector Valued at $5.4 Trillion
(Title is confusing, but context in the article supports the 4.4 number.)
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