Moody's: Core Chinese shadow banking products total 21 trillion renminbi


KUALA LUMPUR: Moody's Investors Service estimates core Chinese shadow banking products totaled a large 21 trillion renminbi (RM10.22 trillion) at end-2012, or 39% of 2012 gross domestic product (GDP).

The ratings agency said on Monday China's shadow banking sector is large, referring to products which are relatively non-transparent, loosely regulated, and carry elevated credit risk.

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Moody's , Core Chinese , Banking products

   

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