What is shadow banking that the Chinese government and its economy are struggling with?
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?
- 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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This post originally appeared on navbharattimes.indiatimes.com