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The book explores the rapid expansion of shadow banking in China, detailing its evolution from a minor segment of the economy to a significant force, now accounting for nearly half of the country's substantial annual lending. It examines various components of shadow banking, such as informal lending shops, online credit platforms, and state-owned Trust banks, highlighting their impact on China's burgeoning free markets and overall economic landscape.
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Shadow Banking and the Rise of Capitalism in China, Andrew Collier
- Language
- Released
- 2018
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- (Paperback)
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