Published on Feb 14, 2014
PROVIDED BY CNNNEXT.COM
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) -- Chinese investors poured funds into trust products last year, boosting such assets to a record $1.8 TRILLION.
This comes less than a month after China averted its first trust default in at least a decade.
So does shadow banking, particularly in China and India, pose a threat to the global financial system? Rosalind Chin reports.
(Source: Bloomberg)