Shadow banking in China
Subtitle: an opportunity for financial reform
By: edited by Andrew Sheng, Ng Chow Soon
Contributors: Ng, Chow Soon, editor
Published: 2016
Language: eng
Number of pages: 257
ISBN-13: 9781119266327
Subjects: Nonbank financial institutions; Finance
Description: "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"--
Notes: Includes bibliographical references and index.
Table of contents: title: Chapter 1: Introduction / Andrew Sheng; title: Chapter 2: Shadow Banking in the Global Context / Cathleen Yi Tin; title: Chapter 3: Shadow Banking within the National Balance Sheet / Jodie Hu and Andrew Sheng; title: Chapter 4: Shadow Banking with Chinese Characteristics / Wang Yao; title: Chapter 5: Inherent Risks in Chinese Shadow Banking / Wang Yao and Jodie Hu; title: Chapter 6: Impact of Technology on China's Financial System / Li Sai Yau and Cathleen Yi Tin; title: Chapter 7: Implications for Reform Agenda / Andrew Sheng; title: Chapter 8: Conclusion / Andrew Sheng.