In recent years, the dearth of state-lending support and the rise of fintech have led to an explosion of lending in the shadow banking sector.
SCMP Editorial
Opinion

Opinion

SCMP Editorial

Regulated system of shadow banking in China can benefit private firms

  • Such companies are considered high-risk, relative to state-owned enterprises, by banks and there is room for monitored alternative platforms to provide badly needed funds

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In recent years, the dearth of state-lending support and the rise of fintech have led to an explosion of lending in the shadow banking sector.
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