Shadow Banking System in China – Origin, Uniqueness and Governmental Responses
Journal of International Banking Law and Regulation, Issue 1, (2013)
7 Pages Posted: 4 Sep 2013
Date Written: September 4, 2013
While the banking sector in Western countries has been heavily hit by the recent financial crisis, the banking sector in China seems to perform well. Nevertheless, the shadow banking system, it is said to be one of a variety of sources for the current financial crisis, is also in existence in China and the situation has turned worse recently. This articles attempts to look into the shadow banking system in the Chinese context and “rationalizerationalise” governmental responses to the shadow banking regime.
Keywords: Shadow banking in China, regulatory loopholes and options
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