A Study of the Impact of Shadow Banking System on Financial Stability in China
DENG Chao1, TANG Ying2, YANG Weng-jing1
1. School of Business, Central South University, Changsa 410083, China; 2. Business School, Southwestern University of Finance and Economics, Chengdu 611130, China
Abstract Based on the current situation of domestic shadow banking system and the latest data, this paper analyzes the impact of shadow banking system on stability of domestic financial institutions, financial markets and financial regulatory system. It is suggested that a correct handling of the relationship between financial innovation and regulation is required in order to create a sound environment of financial liberalization for the financial market stability, and prosper national economy on the whole.
2016, Vol. 33 
