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

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