..., with their assets under management (AUM) growing sixfold between 2007 and 2012, reaching RMB7.5 trillion (USD1.2 trillion) by year-end 2012. China Banks Loans Shadow banking Standard & Poor’s Credit extension G21, G28 Although bank loans still account for the majority of credit provided...

... are estimated while accounting for the parameters included in the new methodology implemented by Moody’s in 2013. Findings – Market participants outperformed Moody’s and Standard & Poor’s in terms of anticipating the sovereign debt crisis that hit several European countries starting in 2008. However...