China's shadow banking
Subtitle: a call for financial reforms
By: Yang Mu & Yao Jielu
Contributors: Yao, Jielu, 1984-
Series: EAI background brief -- no. 818
Publisher: East Asian Institute, National University of Singapore
Published: 2013
Place of publication: Singapore
Language: eng
Number of pages: 15
Subjects: Banks and banking; Financial services industry
Description: " In March 2012, the Chinese authorities approved a pilot project on financial reform in Wenzhou. The move clearly demonstrates Beijing's concerns over China's informal financing sector which may pose systematic risks to financial stability and the country's ill-structured formal banking sector which inhibits loans to small borrowers." - - Executive summary.
Notes: "16 May 2013."