CNBC
•84% Informative
Shadow banking refers to financial services offered outside the formal banking system.
China 's property sector lies at the intersection of shadow banking, local government finances and household assets.
Beijing 's problem is it needs to offset a crackdown on shadow banking and real estate developer debt with other kinds of economic support.
Beijing needs to offset crackdown on shadow banking and real estate developer debt with other kinds of economic support.
"The deleveraging campaign that China 's leadership launched in 2016 to reduce systemic financial risks is the only logical starting point to explain how China 's structural economic slowdown began," Wright says.
VR Score
88
Informative language
90
Neutral language
60
Article tone
formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links