The country’s assets under management, held by fund management firms, securities and futures companies, and privately offered investment funds, were worth a combined US$8.22 trillion at the end of last year, a 3.49 per cent rise on 2016, but way down on the previous year’s 35.6pc growth. Photo: Agence France-Presse

China’s asset-management growth plummets after sweeping regulations rain down on shadow banking sector

Assets under management worth a combined US$8.22 trillion at the end of 2017 – a 3.49pc annual rise, but a huge fall from the 35.6pc growth it enjoyed in 2016

Topic |   Financial regulation

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The country’s assets under management, held by fund management firms, securities and futures companies, and privately offered investment funds, were worth a combined US$8.22 trillion at the end of last year, a 3.49 per cent rise on 2016, but way down on the previous year’s 35.6pc growth. Photo: Agence France-Presse
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