China's Efforts in Curbing Shadow Banking

被引:0
|
作者
Jing, Wan [1 ]
机构
[1] Natl Univ Singapore, East Asian Inst, Singapore, Singapore
关键词
D O I
10.1142/S1793930515000161
中图分类号
D0 [政治学、政治理论];
学科分类号
0302 ; 030201 ;
摘要
China's shadow banking is intimately related to commercial banks, local government debt and real estate development. The major expansion in local government debt is the result of a boom in shadow banking and worsened by real estate developers. The growth of the Chinese economy largely lies on the continuous rise of land prices. The imposition of proper regulation is for shadow banking to serve the function of supplementing the current financial sector.
引用
收藏
页码:29 / 38
页数:10
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