Analysis: Much of China's credit boom is unregulated

04/16/2013 | Economist (tiered subscription model), The

The portion of China's financial system under the supervision of the banking regulator is in respectable shape, but the system is evolving rapidly, and much of it isn't regulated, according to The Economist. Worried by this trend, the China Banking Regulatory Commission has imposed restrictions on wealth-management products, but issues remain. "The curbs only cover banks, neglecting many of the firms populating China's shadow-banking system," the magazine notes.

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Economist (tiered subscription model), The

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