Why shadow banking may never be properly regulated

February 13, 2014 | BY

clpstaff

The government's attempts to regulate shadow banking are being hindered by conflicts of interest, infighting between the industry and regulators, and disagreements over exactly where policy is needed

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In 2013, shadow banking – unregulated, high-yield lending that largely takes place off banks' balance sheets – reached a record30% of total financing in China. Total debt (encompassing central and