Loose credit policy increases risk in China, Nomura warns

Risks were accumulating in the mainland's trust loans and wealth management products, with more scandals like that of Huaxia Bank expected to emerge next year, a top economist at Nomura Securities said.

via Business feed http://www.scmp.com/business/banking-finance/article/1104861/loose-credit-policy-increases-risk-china-nomura-warns