The $70 Trillion Shadow Banking Industry

The $70 Trillion Shadow Banking Industry Play

Feb. 14 (Bloomberg) -- 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)

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