People's Republic of China: Financial System Stability Assessment
November 14, 2011
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.
Subject: Banking, Commercial banks, Credit, Financial institutions, Financial sector policy and analysis, Loans, Money, Prices, Real estate prices, Stress testing
Keywords: asset quality, banking sector, banking system, bond market, central bank, Commercial banks, CR, Credit, credit risk, exchange rate, financial system, fixed income, Global, interest rate, investment funds, ISCR, Loans, monetary policy, Real estate prices, return on assets, Stress testing
Pages:
126
Volume:
2011
DOI:
Issue:
321
Series:
Country Report No. 2011/321
Stock No:
1CHNEA2011003
ISBN:
9781463924546
ISSN:
1934-7685





