HEC LAUSANNE ALUMNI EVENT
Shadow Banking in China:
Understanding the Chinese Banking Environment
The term shadow banking may conjure up images of shady back-room transactions in most people. However, it is not necessarily a detrimental system; In fact, it has been part of the financial system in many countries. The term was coined to describe all activities related to credit intermediation, liquidity and maturity transformation that takes place outside the regular banking system. Before 2015, entrusted loans constituted the largest component of China’s shadow banking system. Nowadays China’s shadow banking is made up mostly of Wealth Management Products. What are these unregulated financial activities and why did this shift occur? We will discover the reasons for the fast growth of the market and the associated risks in this lecture.
Prof. Ying Liu is an assistant professor at the Shanghai University of Finance and Economics and an alumna of HEC Lausanne. Her research focuses on entrusted loans, which is corporate loans between two firms and a major part of China’s shadow banking system. She will show us what is shadow banking, and the legal activities or products of China’s Shadow Banking sector.
Prof. Ying LIU
Assistant Professor, Shanghai University of Finance and Economics
Alumna HEC Lausanne
Research fields: Entrusted Loans
For more information please contact:
Mr. Victor Dietrich, Junior Project Manager, swissnex China