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What is shadow banking that the Chinese government and its economy are struggling with?

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Chinese Economy: China’s economy is declining. Contrary to expectations, China, which was once called the factory of the world, is today struggling to save its economy. China’s economy is being affected due to the stampede in China’s real estate sector. Meanwhile, shadow banking is in the news. After all, what is this shadow banking and what is its impact on China’s economy?

highlights

  • Everything is not going well in China’s economy
  • It seems as if there is a stampede in the real estate sector there.
  • Meanwhile, the term shadow banking has come into discussion there.
  • Do you know what shadow banking is?

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About Bavita Jha

Bavita Jha Principal Digital Content Producer

Bavita Jha is working with NavbharatTimes.com since November 2022. After starting his journalism career with TV, he has been working in digital media for the last 10 years. He has a strong interest in presenting news from the business world interestingly. A graduate in Journalism from Delhi and post graduation from Guru Jambheshwar University, he is working in TV and digital media. Along with reading and writing, he has experience in stage shows.Read More

This post originally appeared on navbharattimes.indiatimes.com

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