A passerby looks at the advertisement of an Anbang Insurance Group's universal insurance policy and other wealth management products available at a China Guangfa Bank outlet in Shanghai. Photo: Maggie Zhang
Karen Yeung
Opinion

Opinion

Across The Border by Karen Yeung

Risks to China’s financial system may continue to grow despite tighter regulations

Tightening aimed at reducing leverage in financial sector, especially assets funded by wealth management products – but this may lead to unintended consequences of higher risk in other shadow-banking activities

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A passerby looks at the advertisement of an Anbang Insurance Group's universal insurance policy and other wealth management products available at a China Guangfa Bank outlet in Shanghai. Photo: Maggie Zhang
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