Many Chinese companies are turning to shadow banking for financing as Beijing gradually tightens checks on direct-funding channels. Photo: AFP Many Chinese companies are turning to shadow banking for financing as Beijing gradually tightens checks on direct-funding channels. Photo: AFP
Many Chinese companies are turning to shadow banking for financing as Beijing gradually tightens checks on direct-funding channels. Photo: AFP

Chinese president warns Politburo to be on guard against financial risks

Many Chinese companies are turning to shadow banking for financing as Beijing gradually tightens checks on direct-funding channels. Photo: AFP Many Chinese companies are turning to shadow banking for financing as Beijing gradually tightens checks on direct-funding channels. Photo: AFP
Many Chinese companies are turning to shadow banking for financing as Beijing gradually tightens checks on direct-funding channels. Photo: AFP
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