An image of Mao Zedong printed on a Chinese 100 yuan banknote. Photo: Reuters

IMF warns shadow banking poses high risk to China’s financial stability

Unregulated lending adding to massive debt levels and murky investment products sold by insurance sector also a threat, says US-based organisation

Topic |   China economy

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An image of Mao Zedong printed on a Chinese 100 yuan banknote. Photo: Reuters
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