People's Republic of China: Financial System Stability Assessment
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Summary:
This report discusses the IMF/World Bank Financial Sector Assessment Program (FSAP) exercise for China undertaken during June–December 2010. The assessment concluded that reforms in China have progressed well in moving toward a more commercially oriented financial system. Despite success and rapid growth, China’s financial sector is confronting several near-term risks, structural challenges, and policy-induced distortions. A properly composed and timely implemented set of reforms would help address these challenges. A framework to resolve weak financial institutions on a timely basis is also needed.
Series:
Country Report No. 2011/321
Subject:
Banking Commercial banks Credit Financial institutions Financial sector policy and analysis Loans Money Prices Real estate prices Stress testing
English
Publication Date:
November 14, 2011
ISBN/ISSN:
9781463924546/1934-7685
Stock No:
1CHNEA2011003
Pages:
126
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