Liaoning is China's hotbed for shadow loans
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
Mustafa Centre begins fit-out at JB’s Capital City Mall after 2-year delay
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
