underground bank

Investor Scheme Leads to Death Sentence

Wenzhou businesswoman Lin Haiyan was sentenced to death last week for illegal fundraising, highlighting China’s use of capital punishment for non-violent crimes. From Dinny McMahon at The Wall Street Journal: According to...

How to Beat Back the China Bears

At China Real Time Report, Tom Orlik arms “panda-loving” readers for battle against gloomy forecasters of bursting investment bubbles, real estate collapse, shadow banking catastrophe, dwindling workforces and...

Chinese lenders Black-market banking – The Economist

From The Economist: JUST over two years after a big unlicensed bank was last found in China, another surfaced this week. Last time the bank was based in Shanghai and operated in a small number of provinces. This time the illegal bank, which is based across the border from Hong Kong in Shenzhen, is on […]

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