China Ponzi Banks Duping Depositors Into Financing Busted Real Estate Projects - The Market Oracle

China Ponzi Banks Duping Depositors Into Financing Busted Real Estate ProjectsThe Market OracleThey are usually created in China's "shadow banking" system - non-banking institutions that are not subject to the same regulations as banks - which has grown to account for around a fifth of all new financing in China. Like the subprime-debt lending

Finance News