The American Economic Association estimates that 80 per cent of privately owned Chinese firms have received funds from informal channels. Photo: AP

Is China about to bring shadow banking back out of the darkness to kick start its slowing economy?

  • Government crack down on debt and risky lending also eliminated legitimate funding channels for smaller private sector businesses
  • Government pledging more support for fund smaller businesses, but private sector remains sceptical
Topic |   China economy

TOP PICKS

The American Economic Association estimates that 80 per cent of privately owned Chinese firms have received funds from informal channels. Photo: AP
READ FULL ARTICLE