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Special English: Financial reform needed to tame shadow banking in China

(People's Daily Online)    09:11, September 22, 2013
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PDO Special English business report for English learners

This is the business podcast special edition for English learners from People's Daily Online (PDO). The content is based on an exclusive interview with President and CEO of the Institute of International Finance (IIF) Timothy Adams.

The former Undersecretary for International Affairs at the U.S. Department of the Treasury believed that the rise of the shadow banking industry in China is an indication that financial reform is needed.

Producer: Li Zhenyu

(Editor:LiZhenyu、Hongyu)

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