The 8 Trillion Black Swan: Is China's Shadow Banking System About To Collapse?

From Zero Hedge:

Between micromanaging the economy, equities, the yuan, and public opinion, there's no question that China has its hands full these days. But with everyone's attention now focused sqaurely on Beijing's plunge protection team and the PBoC's "controlled" yuan devaluation, the market may be ignoring the biggest risk of all...

 

Here’s the process whereby banks use trusts to get balance sheet relief:

http://www.zerohedge.com/news/2015-08-18/8-trillion-black-swan-chinas-shadow-banking-system-about-collapse