Shadow banking in China: A primer

Abstract

The rapid development of China’s shadow banking sector since 2010 has attracted a great amount of commentary both inside and outside the country. Haunted by the severe crisis in the US financial system in 2008, which was caused in part by the previously unsuspected fragility of a large network of non-bank financial activities, many analysts wonder if China might be headed for a similar meltdown. The concern is especially acute given China’s very rapid rate of credit creation since 2010 and the lack of transparency in much off balance sheet or non-bank activity.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 102 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.