Guangzhou South railway station. China has banned the practice of entrusted loans, which was a popular form of shadow funding for infrastructure projects. Photo: Xinhua

China’s ban on entrusted loans to set to end a popular form of shadow financing

Morgan Stanley says the new rules will ultimately lead to better allocation of credit across the financial sector

Topic |   Financial regulation

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Guangzhou South railway station. China has banned the practice of entrusted loans, which was a popular form of shadow funding for infrastructure projects. Photo: Xinhua
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