Should China outlaw shadow banks?


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Should China outlaw shadow banks?


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Read the above article about “shadow banks in China” and discuss the following. Should China outlaw shadow banks? What would be the pros and cons of that? As mentioned in the article the US also has a large sector of shadow banks, should the US outlaw shadow banks? Why is your answer the same or different about the US as compared to China? Please feel free to use information from class or other sources (Google searches and reading information online, reading other articles, etc.). Just do not copy someone else’s writing or ideas verbatim. That is plagiarism. I reserve the right to run written assignments through plagiarism software (e.g. turnitin.com).