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China markets reel as banks unwind US$1.7t in shadow funds

Wednesday, April 26, 2017 - 05:50

Shanghai

A US$1.7 trillion source of inflows into Chinese markets has suddenly switched into reverse, roiling the nation's money management industry and sending local bonds and stocks to their biggest losses of the year.

The turbulence has centred on so-called entrusted investments

sentifi.com

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