Tag: Shadow banking system

  • Shadow Banking Poses Threat to China’s Economy

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    by

    Daniela
    in

    Frank Langfitt delves into how China’s new leaders are confronting  threats to their economy: Last week was a wild one for China’s economy. Interest rates on the loans that banks make to one another soared to alarming levels, and lending began to freeze up. Shanghai stocks nose-dived, taking Asian markets and the Dow, briefly, with…