IMF Working Papers

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

By Min Liao, Tao Sun, Jinfan Zhang

August 26, 2016

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Min Liao, Tao Sun, and Jinfan Zhang. China’s Financial Interlinkages and Implications For Inter-Agency Coordination, (USA: International Monetary Fund, 2016) accessed September 20, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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.

Subject: Bank credit, Banking, Financial institutions, Financial markets, Financial sector policy and analysis, Financial sector stability, Financial services, Nonbank financial institutions, Shadow banking, Stock markets, Systemic risk

Keywords: Bank, Bank asset quality, Bank assets, Bank depositor, Bank WMPs, Banks profit, China, Cross-market capital flow, Financial institution, Financial landscape, Financial sector stability, Financial system, Global, Market, Nonbank, Nonbank capital, Nonbank financial institutions, Nonbank institution, Off-balancesheet business, Off-balance-sheet business, Off-balance-sheet financing, Policy coordination, Risks, Shadow banking, Stock markets, Systemic risk, WP

Publication Details

  • Pages:

    30

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2016/181

  • Stock No:

    WPIEA2016181

  • ISBN:

    9781475530490

  • ISSN:

    1018-5941