The risks that associated to private lending keep spreading in this round of business cycle fluctuation. Besides that, private lending cases in Beijing are also on the rise. ANBOUND think tank scholars believe that the proliferation of private lending disputes is due to the implementation of neutral monetary policy in the past two years that aims to control liquidity. The regulators should be alert of the situation of private lending and shadow banking while conducting liquidity management. In fact in the real economy term, shadow banking is the last barrier for Chinese commercial banks to curb systematic risks.