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China\u2019s secretive shadow banking industry includes gigantic financial institutions and is worth more than $3 trillion \u2013 that\u2019s roughly the size of Britain\u2019s economy.<\/p>\n

But, after years of exponential growth, several firms have defaulted on billions of dollars of payments to investors.<\/p>\n

In recent years the Chinese government has clamped down on risky lending \u2013 to limit the risk of contagion to the wider economy. Now, concern is again growing about the financial stability of shadow lenders.<\/p>\n

Elsewhere, anger is growing in Syria over a worsening economic crisis.<\/p>\n

Plus, we look at why the price of uranium is soaring.<\/p>\n<\/div>\n

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[ad_1] Zhongrong, one of China\u2019s largest trusts, missed payments to clients in August. China\u2019s secretive shadow banking industry includes gigantic financial institutions and is worth more than $3 trillion \u2013 that\u2019s roughly the size of Britain\u2019s economy. But, after years of exponential growth, several firms have defaulted on billions of dollars of payments to investors.<\/p>\n","protected":false},"author":6,"featured_media":6899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"ppma_author":[1162],"class_list":{"0":"post-6898","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world-news"},"yoast_head":"\n