China’s shadow banking market dominated by banks

rmb-china-hands
Risks have grown in China's shadow banking market in recent years

China’s shadow banking system is dominated by commercial banks, in contrast to the US, and has witnessed the rapid rise of risky savings products in recent years, according to new research.

Bank for International Settlements economists Torsten Ehlers, Steven Kong and Feng Zhu outline the results of an effort to “map” China’s shadow banking system in a working paper, published today (February 12).

Their series of maps, covering the period 2013–2016, reveals the “rapidly evolving structure” of

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: