Shadow Banking In China: The Potential For Financial Domino Effect
Posted: Tue Jul 04, 2017 9:31 am
Seeking Alpha - 7/4/2017 - China must expand its macroeconomy to provide jobs, keep factories operating, and stay globally competitive. The problem is that many Chinese firms either cannot operate in an efficient and profitable manner or lack financial resources to grow or remain solvent. For these firms, financial capital is severely needed, but fund acquisition is the conundrum. While shadow banking can help these businesses, new problems arise making for an even bigger dilemma. Read more @ https://seekingalpha.com/article/408563 ... ino-effect