FSB ranks it as world's third largest under a new, more targeted definition
Sat, Nov 01, 2014 - 5:50 AM
Beijing
CHINA'S shadow banking sector continued to grow at breakneck speed in 2013 and now ranks as the third largest in the world, a report released by the Financial Stability Board (FSB) showed on Friday.
The FSB's report nevertheless appears to underestimate China's sprawling...
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