PBOC Has `Declared War' on Shadow Banking

PBOC Has `Declared War' on Shadow Banking Play

June 26 (Bloomberg) -- Michael Shaoul, chairman of Marketfield Asset Management in New York, talks about China's banking industry and central bank monetary policy. Shaoul also discusses the prospects for the U.S. economy, stocks and Federal Reserve policy. He speaks with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg)

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