【IMI Working Paper No. 1711 [EN]】Shadow Banking in China: Then and Now
2017-07-28 IMI【Abstract】
Shadow banking in China has continued to hit the financial headlines. China’s rise as a global financial powerhouse has significant implications for investors, advisors, practitioners and regulators worldwide. This article discusses China’s booming shadow banking sector from a regulatory point of view. The first part provides an overall assessment of the status quo: the forms of shadow banking transactions; the scale of the shadow sector; its risks; and the fast-evolving regulatory framework that aims to rein in those risks. The second part reflects on the primary economic and regulatory factors that have a direct bearing on the rise of China’s shadow banking sector.
【Authors】
Chao Xi, Professor and Vice-Chancellor’s Outstanding Fellow of the Faculty of Law, The Chinese University of Hong Kong
Le Xia, Chief Economist for Asia, BBVA; Senior Research Fellow, IMI
【IMI Working Paper No. 1711 [EN]】Shadow Banking in China Then and Now