China Shadow Banking Poses Systemic Risks to Banks, Moody’s Says

China’s shadow banking poses systemic risks to the nation’s financial industry after expanding by more than 67 percent over the past two years, according to Moody’s Investors Service. A broad measure of the shadow industry, which includes private lending, trust loans, credit from non-bank instit…

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China Shadow Banking Poses Systemic Risks to Banks, Moody’s Says