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Shadow Banking In China

Shadow Banking in China PDF

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Author: Shen Wei
Publisher: Edward Elgar Publishing
ISBN: 1784716774
Size: 73.26 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 480
View: 5967


This timely book investigates the dynamic causes, key forms, potential risks and changing regulation of shadow banking in China. Topics discussed include P2P lending, wealth management products, local government debts, and the underground lending market. Taking policy considerations into account, the author provides a comprehensive analysis of the regulatory instruments tackling the systemic risks in relation to China's shadow banking sector. Central bank's role, interest rate formation mechanism, exchange rate reform and further deepening reform of the regulatory regime and financial markets are also thoroughly discussed in the context of China's continuing financial reform.

Shadow Banking In China

Shadow Banking in China PDF

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Author: Andrew Sheng
Publisher: John Wiley & Sons
ISBN: 1119266327
Size: 76.50 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 288
View: 2414


"This book puts China's shadow banking developments into perspective and clarifies the misconceptions surrounding its potential risks due to definitional and measurement differences, including double counting. It identifies the Chinese characteristics of shadow banking and attributes its rapid growth to a market response to prevailing constraints on credit (esp. by SMEs) and a demand for higher-yielding investment/saving products by the household/private sector"--

Inside China S Shadow Banking

Inside China s Shadow Banking PDF

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Author: Joe Zhang
Publisher: Enrich Professional Pub Limited
ISBN: 9781623200169
Size: 31.56 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 178
View: 3823



Shadow Banking And The Rise Of Capitalism In China

Shadow Banking and the Rise of Capitalism in China PDF

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Author: Andrew Collier
Publisher: Springer
ISBN: 9811029962
Size: 22.74 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 205
View: 5168


This book is about the growth of shadow banking in China and the rise of China’s free markets. Shadow Banking refers to capital that is distributed outside the formal banking system, including everything from Mom and Pop lending shops to online credit to giant state owned banks called Trusts. They have grown from a fraction of the economy ten years ago to nearly half of all China’s annual Rmb 25 trillion ($4.1 trillion) in lending in the economy today. Shadow Banks are a new aspect of capitalism in China – barely regulated, highly risky, yet tolerated by Beijing. They have been permitted to flourish because many companies cannot get access to formal bank loans. It is the Wild West of banking in China. If we define capitalism as economic activity controlled by the private sector, then Shadow Banking is still in a hybrid stage, a halfway house between the state and the private economic. But it is precisely this divide that makes Shadow Banking an important to the rise of capitalism. How Beijing handles this large free market will say a lot about how the country’s economy will grow – will free markets be granted greater leeway?

Regulating China S Shadow Banks

Regulating China s Shadow Banks PDF

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Author: Qingmin Yan
Publisher: Routledge
ISBN: 1317269462
Size: 66.84 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 242
View: 4573


China’s shadow banking has been a top issue in the past few years. Scholars, policymakers, and professionals around the world are seeking deeper insight into the subject, and the authors had unique insight into the sector through their positions high up in the regulatory apparatus. "Regulating China’s Shadow Banks" focuses on the regulation of shadow banks in China and provides crucial information to demystify China’s shadow banking and associated regulatory challenges. This book defines "shadow banking" in the Chinese context, analyzes the impact of shadow banking on the Chinese economy, includes a full-scale analysis on the current status of Chinese financial regulation, and provides valuable advice on the regulation of China’s shadow banks.

Mapping Shadow Banking In China

Mapping Shadow Banking in China PDF

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Author: Torsten Ehlers (Economist)
Publisher:
ISBN:
Size: 50.77 MB
Format: PDF, Mobi
Category : Asset-backed financing
Languages : en
Pages : 42
View: 6784


"The authors develop a stylised shadow banking map for China with the aim of providing a coherent picture of its structure and the associated financial system interlinkages. Five key characteristics emerge. One defining feature of the shadow banking system in China is the dominant role of commercial banks, true to the adage that shadow banking in China is the "shadow of the banks". Moreover, it differs from shadow banking in the United States in that securitisation and market-based instruments play only a limited role. With a series of maps we show that the size and dynamics of shadow banking in China have been changing rapidly. This reveals a marked shift in the relative importance of different shadow banking activities. New and more complex "structured" shadow credit intermediation has emerged and quickly reached a large scale, while the bond market has become highly dependent on funding channelled through wealth management products. As a result, the structure of shadow banking in China is growing more complex."--Abstract.

China S Shadow Banking

China s Shadow Banking PDF

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Author: Guofeng Sun
Publisher:
ISBN:
Size: 33.45 MB
Format: PDF, Kindle
Category : Bank loans
Languages : en
Pages : 47
View: 1163


"Banks' shadow, or money creation by banks beyond traditional loans, plays an important role in China’s money-creation process, posing a number of challenges to monetary policy operations and financial risk management. This paper analyzes the money-creation mechanisms of China’s shadow banking sector in detail, provides accurate measurements, investigates its effects on financial risk, and surveys recent regulation. To strengthen supervision, China’s regulators should closely track the evolution of various shadow banking channels, both on- and off-balance sheet. Specific macroprudential regulation tools, such as asset reserves and risk reserves, should be applied separately to banks’ shadow and traditional shadow banking."--Abstract.

Private Lending In China

Private Lending in China PDF

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Author: Lerong Lu
Publisher: Routledge
ISBN: 0429823908
Size: 19.91 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 182
View: 6325


This book explores China’s private lending market from historical, economic, legal, and regulatory perspectives. Private lending refers to moneylending agreements between business borrowers and their debt investors without the involvement of banks. In China, it remains difficult for private entrepreneurs to obtain sufficient loans from state-owned banks. Thus, private lending has been a vital alternative financing channel for over 80 million businesses which are reliant on private funds as their major source of operating capital. The market volume of private financing stands at 5 trillion yuan ($783bn), making it one of the largest shadow banking systems in the world. Despite the wide popularity and systemic importance of private lending activities, they have remained outside of the official regulatory framework, leading to extra financial risks. In 2011, China’s private lending sector encountered a severe financial crisis, as thousands of business borrowers failed to repay debts and fell into bankruptcy. Lots of bosses who found it impossible to liquidate debts ran away to hide from creditors. The financial turmoil has caused substantial monetary losses for investors across the country, which triggered social unrest and undermined the financial stability. This book is a timely work intended to demystify China’s private lending market by investigating its historical development, operating mechanism, and special characteristics. It evaluates the causes and effects of the latest financial crisis by considering a number of real cases relating to helpless investors and runaway bosses. It conducts an in-depth doctrinal analysis of Chinese laws and regulations regarding private lending transactions. It also examines China’s ongoing financial reform to bring underground lending activities under official supervision. Finally, the book points out future development paths for the private lending market. It offers suggestions for global policymakers devising an effective regulatory framework for shadow banking. It appeals to researchers, lecturers, and students in several fields, including law, business, finance, political economy, public policy, and China study.

Removing The Veil For The Shadow Banking System In China

Removing the Veil for the Shadow Banking System in China PDF

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Author: Nuoya Chen
Publisher:
ISBN:
Size: 48.42 MB
Format: PDF, Docs
Category : Banks and banking
Languages : en
Pages : 136
View: 2232



Regulating The Shadow Banking System In China

Regulating the Shadow Banking System in China PDF

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Author: Megan Lindgren
Publisher:
ISBN:
Size: 36.43 MB
Format: PDF, Docs
Category : Banks and banking, Chinese
Languages : en
Pages : 16
View: 3571



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