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Tencent licaitong

Growth of China’s Shadow Banks Slows by 36% in Q1

2014/04/24 by Michael Cole Leave a Comment

Assets managed by China’s trust management firms grew at only 64 percent of their average rate during the first quarter of 2014, as the country’s shadow-banking industry struggled with worried customers, declining returns, and new competition from online funds.

Government-backed… Read More>>

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