Taming Shadow Banking Stalls in Wenzhou One Year After Suicides

Taming Shadow Banking Stalls in Wenzhou One Year After Suicides

Imaginechina

An advertisement of unsecured loans is pictured in Jinan, Shandong province. Shadow lending flourishes in China because an estimated 97 percent of the nation’s 42 million small businesses can’t get bank loans and savers are seeking higher returns.