Shadow banking? Dianrong has an app for that
May 31, 2018
China leverage should stabilize with shadow banking on tight leash, Moody’s says
New online lending regulation for small businesses to further constrain microloans and preempt systematic risk, especially from informal lending by fintechs, ratings agency says.
System-wide leverage in China should stabilize despite a “temporary” rise in recent quarters as regulators maintain a tight control over so-called shadow banking activities, according to Moody’s Investors Service.
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