But ever-rising credit , with some channeled outside the view of the regulators , raises more red flags .
不过,不断增加的信贷(其中有些还游离于监管之外)会发出更多的示警信号。
In this way , instead of channeled toward unproductive investment like real estate , private savings will be channeled toward productive investment , which in the medium term would increase household wealth or increase consumption .
Chinese banks typically have no legal obligation to make good on loans channeled through wealth-management products .
中资银行通常没有类似的法律义务,不必保证通过理财产品发放的贷款的表现。
Property developers also have been among the main beneficiaries of loans originated in banks but channeled off balance sheets through trust companies .