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.)
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.

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