Shadow banking in China : an opportunity for financial reform

種類:

電子ブック

責任表示:

Andrew Sheng, Ng Chow Soon

出版情報:

2016

著者名:

• Sheng, Andrew
• Ng, Chow Soon

ISBN:

9781119266396 [1119266394]    

注記:

Includes index.
"An authoritative guide to the rise of Chinese shadow banking and its systemic implications Shadow Banking in China examines this rapidly growing sector in the Chinese economy, and what it means for your investments. Written by two world-class experts in Chinese banking, including the Chief Advisor to the China Banking Regulatory Commission and former Chairman of the Securities and Futures Commission in Hong Kong, this book is unique in providing true, first-hand perspectives from authorities within the world's largest economy. There is little widely-available information on China's shadow banking developments, and much of it is rife with disparate data, inaccuracies and overblown risks due to definitional and measurement differences. This book clears the confusion by supplying accurate information, on-the-ground context and invaluable national balance sheet analysis you won't find anywhere else. Shadow banking has grown to be a key source of credit in China, and a major component of the economy. This book se
"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"-- Provided by publisher.
Machine generated contents note: Foreword Acknowledgments About the Editors Executive Summary Key Findings and Policy Recommendations Chapter 1: Introduction Andrew Sheng Chapter 2: Shadow Banking in the Global Context Cathleen Yi Tin 2.1. Introduction 2.2. What is Shadow Banking? 2.3. Size of the Global Shadow Banking Industry 2.4. Factors for the Rise in Global Shadow Banking 2.5. Interconnectedness Between Shadow Banks and the Formal Banking Sector 2.6. The Nature of Shadow Banking Differs across Countries References Chapter 3: Shadow Banking within the National Balance Sheet Jodie Hu and Andrew Sheng 3.1. Introduction 3.2. Overview of Chinese National Balance Sheet 3.3. Who Owes What in China's National Balance Sheet? 3.4. Zooming in on China's Sectoral Balance Sheets 3.5. Shadow Banks within the National Balance Sheet 3.6. Evaluation of National Balance Sheet Approach 3.7. Basic Analytical CONCLUSIONS and Policy Recommendations from the NBS Approach References Chapter 4: Shadow Banking with Chinese Chara
Description based on print version record and CIP data provided by publisher.

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