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

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
Amanda Lee
Amanda Lee

Updated: 4:19am, 14 Mar, 2019

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