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Slowdown in property, manufacturing help curb China's risky 'shadow banking'

Bankers' acceptances have contracted as a result of the manufacturing slowdown and tighter regulations. China's factory output growth hit a six-year low in August, rebounding only slightly since then.


A BID by China to rein in its 'shadow banking' activity is producing results, thanks to slowing economic growth and tighter regulation.

But some success for a policy drive to curb risky lending is not all good news for Beijing, as smaller companies may face even bigger