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https://www.reuters.com/business/finance/waning-trust-china-shadow-banks-pivot-away-property-survive-2022-12-12/
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Waning trust: China shadow banks pivot away from property to survive - Reuters
12/12/22 at 1:08am
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Reuters
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49 words
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Business & Industrial
shadow banks
China
Reuters
For more than a decade, Chinese developers' debt-fuelled construction boom enriched the country's shadow banks, who were eager to capitalise on the needs of an industry desperate for credit and too risky for traditional lenders.
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