Photographer: SeongJoon Cho/Bloomberg

Why China's Shadow Finance Echoes Pre-Crisis U.S.

  • Rhodium Group’s China research head speaks in interview
  • Things that aren’t sustainable will end, says Logan Wright

The shadow financing that is fueling China’s economic growth is unsustainable and “eerily similar” to developments in the U.S. before the global financial crisis, says Logan Wright at research firm Rhodium Group.

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