{"id":14444,"date":"2014-02-02T05:58:18","date_gmt":"2014-02-02T04:58:18","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=14444"},"modified":"2014-02-02T05:58:18","modified_gmt":"2014-02-02T04:58:18","slug":"danger-in-chinas-shadow-banks","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/danger-in-chinas-shadow-banks\/","title":{"rendered":"Danger in China’s Shadow Banks"},"content":{"rendered":"

Of all the economic dangers to flare up over the past week, the most unsettling was at first glance also the most esoteric: the near default of a high-yield loan product held by a few hundred small-time Chinese investors. \u00a0Set against the turmoil in other emerging markets \u2013 steep currency falls in Turkey and South Africa that prompted their central banks to raise interest rates, stubbornly high inflation in India and a collapsing currency in Argentina \u2013 China appears to be a bastion of economic strength. Even analysts with a bearish bent still expect its growth to come in at about 7 per cent this year. \u00a0China’s Shadow Banks<\/a><\/strong><\/p>\n

\"China's<\/a><\/p>\n

\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Of all the economic dangers to flare up over the past week, the most unsettling was at first glance also the most esoteric: the near default of a high-yield loan product held by a few hundred small-time Chinese investors. \u00a0Set … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[22,13],"tags":[],"class_list":["post-14444","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t