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Liaoning is China's hotbed for shadow loans
Published Thu, Sep 7, 2017 · 09:50 PM
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Hong Kong
THE highest concentration of shadow loans in China is to be found in its slowest-growing province, a study by UBS Group AG shows.
The value of shadow loans extended by regional banks in Liaoning, in the north-eastern rust-belt region, amounted to 95 per cent of their total lending in 2016, according to estimates provided to Bloomberg by UBS analyst Jason Bedford.
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