China's shadow banking shrank 16 trillion yuan in three years, but some business expanded again

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China's shadow banking shank by 16 trillion yuan in three years, according to the regulator, but the size of some part of shadow financing has expanded since late last year. Analysts warn that the clampdown on shadow banking could ease this year due to the impact of the coronavirus outbreak.

The total size of China's shadow banking decreased by 16 trillion yuan in three years, shows data released by the China Banking and Insurance Regulatory Commission (CBIRC).

Shadow banking refers to activities performed by financial institutions outside the conventional banking system, and therefore . . .

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