Regulator shopping in vogue as China’s shadow banks evade Beijing’s grip

Some of China’s biggest shadow banking groups are shopping for regulators in far-flung regions to help pass deals unlikely to be approved by more savvy regulators closer to home, according to multiple sources with direct knowledge of the situation. The trend highlights the difficulties Beijing faces in applying regulations uniformly across the country and the lengths Chinese … http://reut.rs/2FMtz5O

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