Fitch estimates that shadow-banking assets declined to about 55 per cent of nominal GDP in 2018 from 68 per cent in the previous year. Photo: AFP

High-profile defaults highlight risk in China’s shadow-banking sector amid asset deterioration

  • Moody’s estimates that more than 280 billion yuan of trust assets, 1.26 per cent of the sector’s total, faced ‘default and repayment risks as of March
Topic |   Banking & Finance

TOP PICKS

Fitch estimates that shadow-banking assets declined to about 55 per cent of nominal GDP in 2018 from 68 per cent in the previous year. Photo: AFP
READ FULL ARTICLE