People's Bank of China Moves to Curtail Rise in Off-Balance Sheet Lending

By Barbara Zigah (eToro Blog) As analysts have previous cautioned, China has a massive amount of off-balance sheet lending to contend with, in addition to those loans that are channeled through the more traditional financing methods, i.e. direct loans. In an effort to smother inflation, which struck a 6.5% high last month, it was reported [...]