What China’s new Basel standards will mean for banks

China’s latest effort to curb shadow banking involves applying Basel standards on banks: they must disclose far more of their exposure to previously unidentified counterparties. It’s good for the industry, but what does it mean for individual mainland banks? Shadow banking has long been the ghost at the feast of Chinese banking. Mainland banks lead the world in market … http://bit.ly/2ECXFY1

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