The document discusses the People's Bank of China's (PBoC) efforts to tighten money market rates to curb shadow banking and asset speculation. It highlights concerns about bad loans in China's shadow banking industry and the rapid growth of high-risk shadow banking products in China's trust industry since 2010.
doj/DataSet10/EFTA01452332.pdf
{"document_type":"other","key_locations":["China","Shanghai"],"key_organizations":["People's Bank of China","Bloomberg Finance LP"],"reference_numbers":["DB-SDNY-0109281","SDNY_GM_00255465","EFTA01452332"]}