China’s Financial Interlinkages and Implications For Inter-Agency Coordination

Min Liao, Tao Sun and Jinfan Zhang

No 2016/181, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; financial institution; bank; market; China; financial system; nonbank; financial landscape; risks; policy coordination; off-balance-sheet financing; bank depositor; off-balance-sheet business; banks profit; bank asset quality; nonbank institution; nonbank capital; cross-market capital flow; off-balancesheet business; bank WMPs; bank assets; Stock markets; Financial sector stability; Systemic risk; Shadow banking; Nonbank financial institutions; Global (search for similar items in EconPapers)
Pages: 30
Date: 2016-08-26
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Citations: View citations in EconPapers (2)

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