Before revision: Examining the topological properties of networks formed by such guarantee relationships is critical for an in-depth understanding and effective regulations of the financial system. In this research, we analyzed the structure and evolution of the Chinese guarantee network with real-world data from 2007 to 2012.
After revision: Our knowledge about the evolution of guarantee network in downturn period is limited due to the lack of comprehensive data of the whole credit system. Here we analyze the dynamic Chinese guarantee network with real-world data from 2007 to 2012.