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Chinese shadow banking has slowed — but that's not as good as it seems
•Growth in China's shadow banking sector is falling •But the borrowing is just moving around China is on a drive to reduce its reliance on debt, a habit that some experts warn could lead to a global financial crisis. An apparent recent victory in that push is new data suggesting that the growth in the risky "shadow banking" sector is slowing this year. But that might not be as good news as it seems on first blush: The credit is just moving to more regulated areas, keeping overall lending activity high. Here's a break down of what you need to know: Shadow banking refers to activities performed by financial ... (full story)