Booming shadow banking growth has pushed China to the outer limits of its ability to keep its economy functioning smoothly. Photo: AFP

Shadow banking boom pushes China to edge of debt sustainability

Alarm raised over the country's deteriorating credit quality as leverage tops 280pc of GDP

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Booming shadow banking growth has pushed China to the outer limits of its ability to keep its economy functioning smoothly. Photo: AFP
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Nick Edwards

Nick Edwards

Nick Edwards is a financial journalist with 25 years' experience in international real-time news, video-on-demand TV and print. Most of his career has been spent covering Asia's growing influence on the global economy, investment markets, international business and financial policymaking.