Shadow Banking in China: An Opportunity for Financial Reform 1st Edition by Andrew Sheng (PDF)

Description

An authoritative guide to the rise of Chinese shadow banking and its systemic implicationsShadow 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 ChinaLearn the truth about both real and inflated risksDig into popular rhetoric and clarify common misconceptionsAccess valuable data previously not published in EnglishDespite 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.

User’s Reviews

Reviews from Amazon users which were colected at the time this book was published on the website:

⭐I met Andrew Sheng 26 years ago at the World Bank and over the years followed his brilliant work, starting with his book “The Art of Bank restructuring” with admiration. I can state unequivocally that I learned more from Andrew than from anyone else regarding the financial systems in developing countries. Andrew, along with Adair Turner, is one of the most creative thinkers, able to bring new insights and solutions to financial sector problems. His ability to distill issues in a coherent framework and offer solutions is unparalleled. His new book, Shadow Banking in China: An Opportunity for Financial Reforms, with his colleague, Ng Chow Soon , does not disappoint. It aims to create awareness of the promise of

⭐(NBFIs) for China and to assist Chinese policymakers in creating a coherent policy structure and a sound regulatory and supervisory environment for their development. The past 20 years witnessed the rise of a middle class in China. With the growing demand for property ownership, small-scale investment, and saving for retirement came a growing need for housing finance, contractual savings, insurance services, pension plans management, and asset management. It was inevitable that financial institutions meeting those needs were established. The book offers a coherent policy framework for addressing the regulation of NBFIs. However, it rightfully emphasizes that the lack a coherent policy framework and effective regulations, non-bank financial institutions can exacerbate the fragility of the Chinese financial system. Dr. Michael Pomerleano

⭐Not found.

⭐Not found.

Keywords

Free Download Shadow Banking in China: An Opportunity for Financial Reform 1st Edition in PDF format
Shadow Banking in China: An Opportunity for Financial Reform 1st Edition PDF Free Download
Download Shadow Banking in China: An Opportunity for Financial Reform 1st Edition 2016 PDF Free
Shadow Banking in China: An Opportunity for Financial Reform 1st Edition 2016 PDF Free Download
Download Shadow Banking in China: An Opportunity for Financial Reform 1st Edition PDF
Free Download Ebook Shadow Banking in China: An Opportunity for Financial Reform 1st Edition