China’s shadow banking sector: Arbitrage, window-dressing and wealth management products
Published on Thursday, November 26, 2015
Document number 15/30
China’s shadow banking sector: Arbitrage, window-dressing and wealth management products
Summary
We examine wealth management products (WMP) issued by Chinese commercial banks, which are an important part of China’s fast growing shadow banking sector. We document that the WMPs’ maturity dates cluster toward the end of a month and then decrease significantly at the beginning of the following month.
Geographies
- Geography Tags
- China
Topics
- Topic Tags
- Banks
Authors
Jinghan Cai
Alicia García-Herrero
Le Xia
BBVA Research - Chief Economist