China shadow banking: the good, bad and ugly
While it has served as an alternative financing channel to society at large, it also involves moral hazard and hidden risks. Xie Ping, deputy general manager at CIC, joined the debate.
China’s shadow banking market - which has been described as one of the great dangers to global financial stability - was a hot topic for asset owners and economists at the recent Boao Forum for Asia, China’s annual meeting of politicians and business leaders.
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