To tackle financial risks in the banking system, China has taken a hard stance against shadow banking. Photo: Reuters
To tackle financial risks in the banking system, China has taken a hard stance against shadow banking. Photo: Reuters
Peer-2-Peer

China regulatory failure to contain financial excesses putting off some foreign investors

  • As long as demand for credit from cash-strapped small businesses and investors remains unaddressed, financial excesses are likely to recur, analysts say
  • Despite regulatory clampdown P2P lending platforms are unlikely to disappear because banks are reluctant to lend to small companies due to credit risk

To tackle financial risks in the banking system, China has taken a hard stance against shadow banking. Photo: Reuters
To tackle financial risks in the banking system, China has taken a hard stance against shadow banking. Photo: Reuters
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