| Description |
1 online resource (30 pages) : illustrations |
| Series |
IMF working paper, 1018-5941 ; WP/16/181 |
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IMF working paper ; WP/16/181.
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| Contents |
Cover; Content; I. Introduction; II. The Changing Financial Landscape in China; A. Driving Forces; B. The New Financial Landscape; III. Financial Linkages Associated with the Changing Financial Landscape; A. The Housing Market; B. The Stock Market; C. Shadow Banking; IV. Current Institutional Arrangements; A. The Current Institutional Framework for Financial Stability; B. Coordination Mechanism; C. Strengths and Weaknesses of the Current Institutional Arrangements; V. Suggestions to Improve China's Institutional Arrangements to Address Systemic Risk; A. Enhancing Data Collection and Sharing |
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B. Strengthening Analysis on Systemic RiskC. Setting up Institutional Arrangements for Better Coordination; VI. Conclusions; Figures; 1. Banks' Off-Balance-Sheet Financing; 2. China's Share of Financial Assets in the World; 3. Housing Price Increases; 5. Shares of Credit in Major Industries (2014); 6. Stock Prices; 7. Stock Market Volatility; 8. Margin Trading Balance; 9. Interconnectedness of Stock Market; Tables; 1. The Size of Banks' WMPs; 2. The Size of the Major Nonbank Financial Institutions; 3. Estimates of Interconnectedness between Banks and the Stock Market |
| Summary |
"China's financial system has become very large, diversified, and interconnected. This changing financial landscape could potentially produce systemic risks, arising primarily from growing financial interconnectedness. The paper argues that, to address the potential systemic risks, Chinese authorities should further strengthen internal coordination, notably by institutionalizing better information collection and sharing among regulators, as well as enhancing coordinated and comprehensive analysis of systemic risk."--Abstract |
| Notes |
"August 2016." |
| Bibliography |
Bibliographical references: pages 28-29 |
| Subject |
Financial services industry -- China
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Off balance sheet financing -- China
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Financial services industry
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Off balance sheet financing
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China
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| Form |
Electronic book
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| Author |
Sun, Tao, author
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Zhang, Jinfan, author
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International Monetary Fund. Monetary and Capital Markets Department, issuing body.
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| ISBN |
1475534337 |
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9781475534337 |
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1475530498 |
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9781475530490 |
| ISSN |
1018-5941 |
|
