Booming 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
Business /  Banking & Finance

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

Nick Edwards
Nick Edwards

Updated: 7:30pm, 8 Jun, 2015

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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
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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