y go above 300% by 2019, (2) shadow banking has become too big, too complicated, and too levered to easily regulate—even at the highest quality bank, China Merchants, off-balance sheet wealth management products (WMP) have grown to 40% the size of on-balance sheet assets from just 18% two years ago, and (3) excess

[email protected]><=r> Sent: Wednesday, March=14, 2018 5:47 PM Subject:=/b> Re: Larry, <=iv class="yiv0648559797"> David <=iv class="yiv0648559797"> China Merchants, China Minsheng,=Agricultural Bank of China, Shanghai Pudong Development Depending upon the case, we have=been retained by some of the other major b