Mizuho's Shen Sees 2H Shadow Banking Crackdown in China

The video discusses China's economic growth in 2017, highlighting a GDP target of over 6.5% driven by strong exports, investment, and consumption. Despite positive growth, concerns about cheap credit and mounting risks are noted. The government has begun tightening policies, particularly in the housing market, but fiscal stimulus remains. A recent financial conference emphasized cracking down on shadow banking to manage debt levels.

What impact has fiscal stimulus had on investment and consumption in China?

What measures is the Chinese government expected to take regarding shadow banking in the coming years?