World Bank Warns on Shadow Banking Of Chinese Debt

31 May '18 at 5:06 pm #16828
Helmholtz Watson
Participant

The World Bank with their latest China Economic Update

Overnight The bank leaves its estimate for China GDP growth unchanged:

6.5% 2018
6.3% 2019
:
Sees drags from tighter policy and trade ‘moderation’
Sees gradual growth slowdown still
Says external risks for China have become ‘more prominent’