Shadow banking in China: an opportunity for financial reform
"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 Adv...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Hoboken
Wiley
2016
|
| Schlagworte: | |
| Online-Zugang: | FRO01 UBG01 Volltext Buchcover |
| Zusammenfassung: | "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 serves as a primer for analysts and investors seeking real, useful information about the sector to better inform investment decisions. Discover what's driving the growth of shadow banking in China Learn the truth about both real and inflated risks Dig into popular rhetoric and clarify common misconceptions Access valuable data previously not published in English Despite shadow banking's critical influence on the Chinese economy, there have been very few official studies and even fewer books written on the subject. Understanding China's present-day economy and forecasting its future requires an in-depth understanding of shadow banking and its inter-relationship with the banking system and other sectors. Shadow Banking in China provides authoritative reference that will prove valuable to anyone with financial interests in China"-- |
| Beschreibung: | Includes index 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 Characteristics Wang Yao 4.1. Introduction 4.2. Nature and Scale of Shadow Banking in China 4.3. Factors Spurring Growth of Shadow Banks in China 4.4. Different Channels of China's Shadow Banking 4.5. Inter-connectivity between Shadow Banking and Official Banking System 4.6. Shadow Banking's Impact and Regulatory Implications 4.7. Conclusion References Chapter 5: Inherent Risks in Chinese Shadow Banking Wang Yao and Jodie Hu 5.1. Introduction 5.2. Getting to the Heart of the Problem -- - the Underlying Asset Quality 5.3. Non-financial Corporate Sector (excluding Real Estate Companies) 5.4. Real Estate Companies 5.5. Local Government Financing Platforms (LGFPs) 5.6. Non-performing Assets in the Shadow Banking System References Chapter 6: Impact of Technology on China's Financial System Li Sai Yau and Cathleen Yi Tin 6.1. Introduction 6.2. The Rise of e-commerce in China and its Implications 6.3. The Rise of e-finance in China and its Implications 6.4. The Role of Technological Innovation in China's Transformation 6.5. Re-thinking Conventional Financial Regulation and Development 6.6. Implications for the Financial Services Industry 6.7. Conclusion References Chapter 7: Implications for Reform Agenda Andrew Sheng 7.1. Introduction 7.2. On-going Shadow Banking Reforms in China 7.3. Financial Reforms -- Looking Beyond Shadow Banking 7.4. Immediate-term Reform Priorities -- Diagnosis and Damage Control 7.5. Loss Allocation -- - Medium-Term Measures 7.6. Mapping the Future of China's Financial System: A Potential Long-term Blueprint 7.7. Conclusion and Suggestions for Future Research References Chapter 8: Conclusion Andrew Sheng 8.1. Introduction 8.2. Shadow Banking with Chinese Characteristics 8.3. Unique Opportunity for Reform 8.4. Reform Agenda Going Forward 8.5. Immediate-term Reform Priorities 8.6. Long-term Reforms: A Financial Blueprint Appendix A: Evolution of International Financial Crises -- Lessons for China Li Sai Yau A.1. Introduction A.2. Comparing the Evolution of International Financial Crises A.3. The Subprime Mortgage and ESDC Crises: Lessons for China A.4. International Comparison of Nonperforming Loans (NPLs) A.5. Conclusion References Index |
| Beschreibung: | 1 online resource |
| ISBN: | 1119266327 1119266343 1119266351 1119266394 9781119266327 9781119266341 9781119266358 9781119266396 |
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| 500 | |a 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. | ||
| 500 | |a - Basic Analytical CONCLUSIONS and Policy Recommendations from the NBS Approach References Chapter 4: Shadow Banking with Chinese Characteristics Wang Yao 4.1. Introduction 4.2. Nature and Scale of Shadow Banking in China 4.3. Factors Spurring Growth of Shadow Banks in China 4.4. Different Channels of China's Shadow Banking 4.5. Inter-connectivity between Shadow Banking and Official Banking System 4.6. Shadow Banking's Impact and Regulatory Implications 4.7. Conclusion References Chapter 5: Inherent Risks in Chinese Shadow Banking Wang Yao and Jodie Hu 5.1. Introduction 5.2. Getting to the Heart of the Problem -- | ||
| 500 | |a - the Underlying Asset Quality 5.3. Non-financial Corporate Sector (excluding Real Estate Companies) 5.4. Real Estate Companies 5.5. Local Government Financing Platforms (LGFPs) 5.6. Non-performing Assets in the Shadow Banking System References Chapter 6: Impact of Technology on China's Financial System Li Sai Yau and Cathleen Yi Tin 6.1. Introduction 6.2. The Rise of e-commerce in China and its Implications 6.3. The Rise of e-finance in China and its Implications 6.4. The Role of Technological Innovation in China's Transformation 6.5. Re-thinking Conventional Financial Regulation and Development 6.6. Implications for the Financial Services Industry 6.7. Conclusion References Chapter 7: Implications for Reform Agenda Andrew Sheng 7.1. Introduction 7.2. On-going Shadow Banking Reforms in China 7.3. Financial Reforms -- Looking Beyond Shadow Banking 7.4. Immediate-term Reform Priorities -- Diagnosis and Damage Control 7.5. Loss Allocation -- | ||
| 500 | |a - Medium-Term Measures 7.6. Mapping the Future of China's Financial System: A Potential Long-term Blueprint 7.7. Conclusion and Suggestions for Future Research References Chapter 8: Conclusion Andrew Sheng 8.1. Introduction 8.2. Shadow Banking with Chinese Characteristics 8.3. Unique Opportunity for Reform 8.4. Reform Agenda Going Forward 8.5. Immediate-term Reform Priorities 8.6. Long-term Reforms: A Financial Blueprint Appendix A: Evolution of International Financial Crises -- Lessons for China Li Sai Yau A.1. Introduction A.2. Comparing the Evolution of International Financial Crises A.3. The Subprime Mortgage and ESDC Crises: Lessons for China A.4. International Comparison of Nonperforming Loans (NPLs) A.5. Conclusion References Index | ||
| 520 | |a "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 serves as a primer for analysts and investors seeking real, useful information about the sector to better inform investment decisions. Discover what's driving the growth of shadow banking in China Learn the truth about both real and inflated risks Dig into popular rhetoric and clarify common misconceptions Access valuable data previously not published in English Despite shadow banking's critical influence on the Chinese economy, there have been very few official studies and even fewer books written on the subject. Understanding China's present-day economy and forecasting its future requires an in-depth understanding of shadow banking and its inter-relationship with the banking system and other sectors. Shadow Banking in China provides authoritative reference that will prove valuable to anyone with financial interests in China"-- | ||
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Datensatz im Suchindex
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| author | Sheng, Andrew Ng, Chow Soon |
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| dewey-full | 332.10951 |
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| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.10951 |
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| dewey-sort | 3332.10951 |
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| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| genre | 1\p (DE-588)4143413-4 Aufsatzsammlung gnd-content |
| genre_facet | Aufsatzsammlung |
| geographic | China fast China (DE-588)4009937-4 gnd |
| geographic_facet | China |
| id | DE-604.BV043769858 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:34:37Z |
| institution | BVB |
| isbn | 1119266327 1119266343 1119266351 1119266394 9781119266327 9781119266341 9781119266358 9781119266396 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029181011 |
| oclc_num | 944179893 952062901 |
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| owner | DE-861 |
| owner_facet | DE-861 |
| physical | 1 online resource |
| psigel | ZDB-35-WIC ZDB-35-WIC FRO_PDA_WIC ZDB-35-WIC UBG_PDA_WIC |
| publishDate | 2016 |
| publishDateSearch | 2016 |
| publishDateSort | 2016 |
| publisher | Wiley |
| record_format | marc |
| spelling | Sheng, Andrew aut Shadow banking in China an opportunity for financial reform Andrew Sheng, Ng Chow Soon Hoboken Wiley 2016 1 online resource txt rdacontent c rdamedia cr rdacarrier Includes index 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 Characteristics Wang Yao 4.1. Introduction 4.2. Nature and Scale of Shadow Banking in China 4.3. Factors Spurring Growth of Shadow Banks in China 4.4. Different Channels of China's Shadow Banking 4.5. Inter-connectivity between Shadow Banking and Official Banking System 4.6. Shadow Banking's Impact and Regulatory Implications 4.7. Conclusion References Chapter 5: Inherent Risks in Chinese Shadow Banking Wang Yao and Jodie Hu 5.1. Introduction 5.2. Getting to the Heart of the Problem -- - the Underlying Asset Quality 5.3. Non-financial Corporate Sector (excluding Real Estate Companies) 5.4. Real Estate Companies 5.5. Local Government Financing Platforms (LGFPs) 5.6. Non-performing Assets in the Shadow Banking System References Chapter 6: Impact of Technology on China's Financial System Li Sai Yau and Cathleen Yi Tin 6.1. Introduction 6.2. The Rise of e-commerce in China and its Implications 6.3. The Rise of e-finance in China and its Implications 6.4. The Role of Technological Innovation in China's Transformation 6.5. Re-thinking Conventional Financial Regulation and Development 6.6. Implications for the Financial Services Industry 6.7. Conclusion References Chapter 7: Implications for Reform Agenda Andrew Sheng 7.1. Introduction 7.2. On-going Shadow Banking Reforms in China 7.3. Financial Reforms -- Looking Beyond Shadow Banking 7.4. Immediate-term Reform Priorities -- Diagnosis and Damage Control 7.5. Loss Allocation -- - Medium-Term Measures 7.6. Mapping the Future of China's Financial System: A Potential Long-term Blueprint 7.7. Conclusion and Suggestions for Future Research References Chapter 8: Conclusion Andrew Sheng 8.1. Introduction 8.2. Shadow Banking with Chinese Characteristics 8.3. Unique Opportunity for Reform 8.4. Reform Agenda Going Forward 8.5. Immediate-term Reform Priorities 8.6. Long-term Reforms: A Financial Blueprint Appendix A: Evolution of International Financial Crises -- Lessons for China Li Sai Yau A.1. Introduction A.2. Comparing the Evolution of International Financial Crises A.3. The Subprime Mortgage and ESDC Crises: Lessons for China A.4. International Comparison of Nonperforming Loans (NPLs) A.5. Conclusion References 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 serves as a primer for analysts and investors seeking real, useful information about the sector to better inform investment decisions. Discover what's driving the growth of shadow banking in China Learn the truth about both real and inflated risks Dig into popular rhetoric and clarify common misconceptions Access valuable data previously not published in English Despite shadow banking's critical influence on the Chinese economy, there have been very few official studies and even fewer books written on the subject. Understanding China's present-day economy and forecasting its future requires an in-depth understanding of shadow banking and its inter-relationship with the banking system and other sectors. Shadow Banking in China provides authoritative reference that will prove valuable to anyone with financial interests in China"-- BUSINESS & ECONOMICS / Finance bisacsh Finance fast Nonbank financial institutions fast Wirtschaft Nonbank financial institutions / China Finance / China Finanzintermediäre (DE-588)4113564-7 gnd rswk-swf Kreditmarkt (DE-588)4073788-3 gnd rswk-swf Finanzreform (DE-588)4017209-0 gnd rswk-swf China fast China (DE-588)4009937-4 gnd rswk-swf 1\p (DE-588)4143413-4 Aufsatzsammlung gnd-content China (DE-588)4009937-4 g Kreditmarkt (DE-588)4073788-3 s Finanzreform (DE-588)4017209-0 s Finanzintermediäre (DE-588)4113564-7 s 2\p DE-604 Ng, Chow Soon aut Erscheint auch als Druckausgabe 978-1-119-26632-7 https://onlinelibrary.wiley.com/doi/book/10.1002/9781119266396 Verlag URL des Erstveröffentlichers Volltext SWB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029181011&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Buchcover 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Sheng, Andrew Ng, Chow Soon Shadow banking in China an opportunity for financial reform BUSINESS & ECONOMICS / Finance bisacsh Finance fast Nonbank financial institutions fast Wirtschaft Nonbank financial institutions / China Finance / China Finanzintermediäre (DE-588)4113564-7 gnd Kreditmarkt (DE-588)4073788-3 gnd Finanzreform (DE-588)4017209-0 gnd |
| subject_GND | (DE-588)4113564-7 (DE-588)4073788-3 (DE-588)4017209-0 (DE-588)4009937-4 (DE-588)4143413-4 |
| title | Shadow banking in China an opportunity for financial reform |
| title_auth | Shadow banking in China an opportunity for financial reform |
| title_exact_search | Shadow banking in China an opportunity for financial reform |
| title_full | Shadow banking in China an opportunity for financial reform Andrew Sheng, Ng Chow Soon |
| title_fullStr | Shadow banking in China an opportunity for financial reform Andrew Sheng, Ng Chow Soon |
| title_full_unstemmed | Shadow banking in China an opportunity for financial reform Andrew Sheng, Ng Chow Soon |
| title_short | Shadow banking in China |
| title_sort | shadow banking in china an opportunity for financial reform |
| title_sub | an opportunity for financial reform |
| topic | BUSINESS & ECONOMICS / Finance bisacsh Finance fast Nonbank financial institutions fast Wirtschaft Nonbank financial institutions / China Finance / China Finanzintermediäre (DE-588)4113564-7 gnd Kreditmarkt (DE-588)4073788-3 gnd Finanzreform (DE-588)4017209-0 gnd |
| topic_facet | BUSINESS & ECONOMICS / Finance Finance Nonbank financial institutions Wirtschaft Nonbank financial institutions / China Finance / China Finanzintermediäre Kreditmarkt Finanzreform China Aufsatzsammlung |
| url | https://onlinelibrary.wiley.com/doi/book/10.1002/9781119266396 http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029181011&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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