These 4 Charts Show China Squeezing Its Shadow Banks

There's still a lot of confusion out there surrounding exactly what's going on in China. And understandably so. After all, the country has embedded so much risk in its financial system via what SocGen correctly describes as a "mind-boggling" array of shadow credit channels that untangling who's responsible for what and where all that credit ends up is "nearly impossible." That said, it's pretty easy to understand why everyone is suddenly concerned about the situation. See China is looking to