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Regulator moves to contain China's off-balance sheet risk
Published Tue, May 3, 2016 · 09:50 PM
Beijing
CHINA's banking regulator, in a move to rein in the rapidly growing "shadow loans" industry, has told commercial lenders to properly account for lending products that may appear on their balance sheets as lower-risk investments.
Authorities are tightening scrutiny of the lenders as the growing use of complex financial structures has raised concerns that bad lending and credit risks can be concealed.
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