China in 2 minutes a day
Top news and analysis delivered to your inbox

Worries about China’s shadow banking system are amplified by 4 new concerns about the $3.9 trillion market for wealth management products

With analysts scrambling to digest the impact of the draft rules on banks, fresh concerns are emerging including: the degree to which banks have been using WMPs to repackage and invest in other such products, their use as a way for to gain exposure to riskier corporate securities, banks' tendency to borrow money to boost returns on WMPs, and the potential for the new WMP rules to impact other assets."
1 year ago
Amedeo Tumolillo
By Amedeo Tumolillo
Amedeo Tumolillo is an editorial consultant with SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.
China in 2 minutes a day
Top news and analysis delivered to your inbox

More from SupChina

Shanghai Fashion Week 2017: minimalism, food, ancient China, and other themes and trends
The recently concluded Shanghai Fashion Week saw emerging Chinese designers going all out to create curious, inventive new looks. Read more
Oct 21, 2017