China’s $9.1 trillion shadow banking industry is on the decline, which has led to a rise in private corporate defaults. The country’s regulators have gotten tough on the shadow banking market in recent years. As a result, outstanding loans in the sector fell to ¥61.3...
As it turns out, there is such a thing as being too successful in selling one’s wares, a reality that China’s pawn shops are about to become acquainted with, it seems. Unlike in the U.S. – where pawn shops represent a small slice of a...
Chinese regulators continue to crack down on shadow and alternative lending: Their latest target is the pawnshop financing space, which is often used by small businesses for quick capital. Reports in Bloomberg on Tuesday (March 12) said Chinese pawnshops are quickly emerging as a major...
China appears to be making progress in its fight against shadow lending even as new lending overall increased in April, according to data reported by Reuters on Friday (May 11). Chinese lenders issued $186.37 billion in new loans last month, higher than expectations and an...
April 12, 2019
Nonbank lending – also known as “shadow banking” – has seen its assets hit $52 trillion, despite the fact that the sector poses significant risks. As CNBC reported, these companies, which have been subjected to less regulation than traditional banks, have seen a 75 percent jump from 2010, the year after the financial crisis ended. […]
March 12, 2019
Chinese regulators continue to crack down on shadow and alternative lending: Their latest target is the pawnshop financing space, which is often used by small businesses for quick capital. Reports...
March 20, 2017
The dangers of shadow banking may impose dire consequences on China’s economy. According to Yi Huiman, chairman of the world’s largest bank as measured by assets, the Industrial and Commercial...
August 18, 2015
The global market is not too confident about China’s economy these days. Amid stock market tumbles and currency devaluation, China is experiencing a slowdown in economic growth. The situation has complex...
