China’s shadow banking crackdown: what it means for treasurers
There are two ways of looking at China $34 trillion in public and private debt - either as a ticking time bomb or as a manageable side-effect of its boom. What’s in it for treasurers?
If Chinese regulators are obsessed with playing whack-a-mole with the country’s myriad shadow banking conduits then it can be little surprise.
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