shadow banking

Debt on a downward spiral: China’s LGFVs

Analysts fear that defaults in the shadow banking space could push into public bond markets. Will Beijing be able to implement reform?

April 25, 2023

China's Potemkin economy

Over-investment and a failure to write off bad debts will create progressively less economic activity.

July 16, 2014

Lehman lessons should keep China out of trouble

On the 5th anniversary of the Lehman Brothers bankruptcy, Chinese economists tell FinanceAsia that, despite fears of a burgeoning shadow banking industry, the country will avoid systemic financial failure.

September 15, 2013

Will shadow banking destabilise China’s financial system?

The rapid growth in shadow banking activities in China is making investors and creditors apprehensive. Standard & Poor’s Qiang Liao explains why these activities have far-reaching credit implications for China’s economy and financial system.

S&P Global Ratings