UN CALLING ASIA: The Rise of Shadow Banking in China

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The shadow banking sector has surged in China over recent years according to the International Monetary Fund (IMF). The agency says shadow banks are not officially banks at all but institutions outside of the banking system that loan money. Savers are attracted to the better returns, but those higher returns are only possible because loans are made to riskier clients. The continued growth of this largely unregulated sector has garnered headlines and prompted concerns about the threat to China's financial sector and the wider economy. Jocelyne Frank asked Economist David Dollar of the Brookings Institution to explain in detail what constitutes a shadow bank.

Bangladesh marks 40 years as Member State of the UN

Sheikh Hasina. UN Photo/Cia Pak

Bangladesh is celebrating 40 years since it became a Member State of the United Nations. In September 1974, the south-central Asian country became the 136th member. To mark this anniversary, a commemorative event was organized at UN Headquarters in New York to highlight Bangladesh's history with the organization.  Stephanie Coutrix reports.

"Salt reduction saves lives" says WHO

World Heart Day 2014 WHO/screen shot

The reduction of salt in diets can help to save lives according to the World Health Organisation (WHO). Health professionals say that over-consumption, which is particularly prevalent in parts of Asia, increases blood pressure and can lead to heart problems. On average, people consume around 10 grams per day, around double WHO's recommended level. On World heart Day which was observed on 29 September, Patrick Maigua spoke to Dr Temo Waqanivalu, a non-communicable disease expert at WHO. He began by asking him for a definition of salt.

Presenter: Daniel Dickinson

Production Assistant: Beng Poblete-Enriquez

Duration: 10'00"

 

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