China's economic growth has been fueled by bank loans that flow freely. But during the latest bout of turmoil, China's central bank indicated that it may no longer lend so quickly and cheaply. The so-called shadow banking sector is of particular concern.
Source: http://www.npr.org/blogs/parallels/2013/06/28/196617073/chinas-shadow-banking-and-how-it-threatens-the-economy?ft=1&f=1006
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