The size of China's shadow banking sector may have expanded by 58% to RMB51.2 trillion (US$8.19 trillion) in 2014, a sharp acceleration from 2013's RMB32.4 trillion (US$5.18 trillion), potentially making China's financial system much more fragile, says a research report by BofA Merrill Lynch Global Research. There are many ways to gauge the size of […]
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