Chinese Shadow Banking

The trajectory of financiers, especially those who don't take state-insured deposits, is beginning to diverge in the neighbouring economies

The once-freewheeling trust industry, at the heart of a vast shadow banking sector, for years helped channel funds into companies that struggle to obtain bank credit via opaque structures

Rich trust buyers join 70K retail investors who suffered losses and want their money back

In the first half of this year, trust loans were up by 1.31 trn yuan, compared to 279.2 bn last year