Rigid Payment and Reshuffle of the Asset Management Industry
Shusong Ba ()
Chapter Chapter 19 in The New Cycle and New Finance in China, 2022, pp 131-135 from Springer
Abstract:
Abstract In recent years, the broad asset management of China’s financial institutions has expanded rapidly in scale, from about RMB18 trillion in 2012 to about RMB100 trillion in 2017. The rapid expansion has promoted the transformation of China’s financial structure, but it has also caused wide concerns about some institutional risks, one of which is rigid payment.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-8209-4_19
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DOI: 10.1007/978-981-16-8209-4_19
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