THIS week Andrew Sheng, a highly respected Central Banker and currently chief adviser to the China Banking Regulatory Commission, published his latest book: Shadow Banking in China, an authoritative guide to the rise of Chinese shadow banking and its systemic implications.
Andrew and co-author Ng Chow Soon examine this rapidly growing sector in the Chinese economy, and what it means for your investments. It is unique in providing true, first-hand perspectives from authorities within the world's largest economy. There is little widely-available information on China's shadow banking developments, and much of it is rife with disparate data, inaccuracies and overblown risks due to definitional and measurement differences. The authors clear the confusion by supplying accurate information, on-the-ground context and invaluable national balance sheet analysis you won't find anywhere else.
Shadow banking has grown to be a key source of credit in China, and a major component of the economy. This book serves as a primer for analysts and investors seeking real, useful information about the sector to better inform investment decisions:
• Discover what's driving the growth of shadow banking in China; • Learn the truth about both real and inflated risks; • Dig into popular rhetoric and clarify common misconceptions; • Access valuable data previously not published in English;
Despite shadow banking's critical influence on the Chinese economy, there have been very few official studies and even fewer books written on the subject.
Understanding China's present-day economy and forecasting its future requires an in- depth understanding of shadow banking and its inter-relationship with the banking system and other sectors. provides authoritative reference that will prove valuable to anyone with financial interests in China.
If you would like to book Andrew Sheng or Ng Chow Soon to present at your next conference, meeting or round-table then contact me on raleigh@chartwellspeakers. com or 852-55129714
This article first appeared in LinkedIn, 20 June 2016
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