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The $70 Trillion Shadow Banking Industry 2/14/14 (Business)

  • Uploaded 8 years ago in the category News and Politics

    Published on Feb 14, 2014

    PROVIDED BY CNNNEXT.COM

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    ) -- Chinese investors poured funds into trust

    ...

    Published on Feb 14, 2014

    PROVIDED BY CNNNEXT.COM

    LIKE US FACEBOOK.COM/CNNNEXT

    ) -- Chinese investors poured funds into trust products last year, boosting such assets to a record $1.8 TRILLION.

    This comes less than a month after China averted its first trust default in at least a decade.

    So does shadow banking, particularly in China and India, pose a threat to the global financial system? Rosalind Chin reports.

    (Source: Bloomberg)

  • # Business
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    Comments (1)
  • number1 user THIS COMPANY IS ON A RAMPAGE TAKING DOWN MILLIONAIRES WHAT YOU THINK IS GOING TO HAPPEN TO ALL THE NON RICH G.O.P LAP DOGS THINK ABOUT THAT. THIS SHIT IS BIGGER THAN ALL OF US AND WILL SEND US BACK TO THE STONE AGE LED BY THE KOCH