The so-called shadow banking industry, an unregulated and fast-rising world of high-yield wealth-management products and underground lending, also continues to worry investors.

WSJ: Stalling Economy Slams China's Stocks

The so-called "shadow banking" industry, an unregulated and fast-growing world of high-yield wealth-management products and underground lending, also continues to worry investors.

WSJ: Stalling Economy Slams China's Stocks

Instead, these investments would rely more heavily on active management--things like emerging market equity and debt funds, domestic high-yield bonds, small cap equities, real estate and private equity.

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