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Czasopismo
2019 | nr 4 | 347--374
Tytuł artykułu

The Interconnectedness between Traditional Banks, Shadow Banking and Non-Performing Loans in the Chinese Economy

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
During the last few decades, China has been developing traditional banking in parallel to the shadow banking sector. The unregulated part of the Chinese financial market is strictly interconnected with traditional banks. It was especially visible after the financial crisis of 2008-2010, when shadow banking helped to fuel the economy with debt on a large scale. The excessive investments in some sectors of the Chinese economy contributed to the growth of NPLs in traditional banks. Shadow banking being entangled with the formal Chinese banking sector might be enumerated among the crucial causes of the process. The authorities and regulating bodies implemented many measures aimed to limit the amount of bad debt, together with limiting the operations of shadow banking entities, but the final result of these activities is still unknown. It might be predicted that the level of NPLs will not be constrained in the near future. (original abstract)
Czasopismo
Rocznik
Numer
Strony
347--374
Opis fizyczny
Twórcy
autor
  • Jagiellonian University
  • Jagiellonian University
  • Jagiellonian University
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171566108

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