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A comment on SVB chief pressed Congress to weaken risk regulations. Parent comment

Re:SVB chief pressed Congress to weaken risk regulations by belter on Sunday March 12, 2023 @09:26AM (#35119798)
Only the official loans. The problem is China is calculated to have at least 40% of the lending, via the shadow banking system with massive risk of contagion. And yes, it's true the Chinese administration has been trying to curb this risk.

"The Rise of Shadow Banking in China: The Political Economy of Modern Chinese State Capitalism" - https://iems.ust.hk/publications/thought-leadership-briefs/t...

"Shadow banking in China" - https://en.wikipedia.org/wiki/Shadow_banking_in_China

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