Benjamin Fanger, a licensed attorney, is the founder and managing partner of ShoreVest Partners, a China-focused private credit firm based in Guangzhou.
With dry powder piling up and bankruptcies rising, the US risks the turmoil Beijing only narrowly contained


"The explosive growth of U.S. private credit over the last few years has striking -- and dangerous -- parallels with China's shadow banking system." (Source photos by Hiroki Endo and AP)
Benjamin Fanger, a licensed attorney, is the founder and managing partner of ShoreVest Partners, a China-focused private credit firm based in Guangzhou.