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A Dark Corner in Chinese Shadow Banking: Cash via Credit Cards – Wall Street Journal (blog)



A Dark Corner in Chinese Shadow Banking: Cash via Credit Cards
Wall Street Journal (blog)
Need cash in a hurry in China? You can use your credit card for that — just don't tell the central bank. With the Chinese economy slowing, businesses of all stripes are finding themselves short of cash. The banks are proving more reluctant to lend to ...

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