China haunted by ghost inventory, shadow banks
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China haunted by ghost inventory, shadow banks

Shanghai : China | Sep 19, 2012 at 6:14 AM PDT
Source: BNET
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This "shadow banking" system in China involves state-sanctioned financial institutions, along with individuals, that loan out or manage money. Shadow banking is prevalent in China because more than 90 percent of the nation's 42 million small businesses are unable to get bank loans, while such investments... FULL ARTICLE AT BNET
 
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