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China's shadow banking crusade risks bond market crash

Analysts fear that the unintended consequences of govt efforts could trigger the fate it seeks to avoid

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CHINA'S campaign to cut high debt levels in its economy is aiming this year to shrink the US$3 trillion shadow banking sector, which could drain a critical source of income for the country's banks and of funding for its fragile bond market.

Shanghai

CHINA'S campaign to cut high debt levels in its economy is aiming this year to shrink the US$3 trillion shadow banking sector, which could drain a critical source of income for the country's banks and of funding for its fragile bond market.

Shadow banking, a term for

sentifi.com

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