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Debt Shadow Banking

Dorsey & Whitney LLP

Shedding Light on China’s Massive Shadow Banking Market - Landmark Corporate Bond Default - Part 1

Dorsey & Whitney LLP on

The debt level of the PRC is rising. It is estimated that the PRC’s corporate debt could hit US$13.8 trillion in 2014, surpassing that of the United States (“U.S.”) as the largest in the world. This has raised increasing...more

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