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China's shadow banking system is a ticking time bomb

China's shadow banking system is a ticking time bomb

Business Insider - Raul Hernandez

In a new video, the firm, which employs Charlene Chu, dubbed the "rock star" of Chinese debt analysis, said China's lenders piled up debt and repackaged much of it in the form of wealth-management products and asset-management plans. By the end of 2016, WMPs and AMPs together amounted to 51% of …

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