The Rise and Rise of Shadow Banking in China
Construction site Shanghai, China. Shadow banking has fuelled the rapid growth in property development (photo: Kohls/Corbis)
In This Episode
Shadow banking is a system of uninsured investments from non-bank institutions. It can yield very high returns, but investments come with the risk of total bust. Despite the potential for enormous losses, shadow banking will continue to be a part of China's economic landscape, says one Sino expert.
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BEHIND THE MIC
Bruce Edwards
International Monetary Fund
Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.
Rhoda Metcalfe
RHODA METCALFE is an independent journalist and audio producer.