‘Shadow Lending’ Threatens China’s Economy

Beijing- The chairman of China’s biggest bank and a senior Chinese insurance regulator issued strong warnings last Saturday about the dangers of shadow banking to the Chinese economy, in the latest signs of growing top-level concern here about a rise in highly speculative, poorly regulated lending. Shadow banking, or lending that takes place outside official banking…

Share this:

Read more ... source: Bitcoin Warrior

News from Darknet

Previous articleJapan Proposes Common Digital Currency with Russia for Contested Kuril Islands
Next articleIBM vs Microsoft: Two Tech Giants, Two Blockchain Visions

Let's block ads! (Why?)

Powered by Bitcoin Central