Monday, July 8, 2013

Reuters: Money News: Shadow banking bolsters China Inc as Beijing tightens credit

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Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Shadow banking bolsters China Inc as Beijing tightens credit
Jul 9th 2013, 01:05

SHANGHAI/HONG KONG (Reuters) - Wang Zhiyong, the founder of a Shanghai-based gift card company, tried twice to get a bank loan for his business and failed both times.

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