China’s $9.1 trillion shadow banking industry is on the decline, which has led to a rise in private corporate defaults. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]
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. Get...
March 20, 2017
The dangers of shadow banking may impose dire consequences on China’s economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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...
