குறைவாக சீன News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Is China headed for a crash? They’re from a country making up nearly 20% of the world’s population.  In five years they replicated the entire U.S. banking system.  Thanks largely to shadow banking, their financial services sector churns out an average of 115 products per day, including items backed by street lenders, private investors and entities of unknown origin. Welcome to the Chinese banking system.  Know it well, because its overall state will be one of the biggest factors affecting world economic health in the next few years. Widespread attention was drawn to to the Chinese banking system after Fitch warned the shadow banking system was “out of control.” Largely made up of short-term loans that need to be constantly rolled over in order for the system to continue, Fitch warned that a reckoning is coming and that the Chinese system, driven largely by this credit, cannot possibly continue on its current path. It was this environment that led Fitch to trim the loca

South africaSouth koreaWest germanyCharlene chuAl bundyChina research centerCentral bankProfessor at georgia state universitySenior directorPlaza accordFinancial timesPenelope primeGeorgia state universityChina researchFewer chineseQuantitative easing