Citic Securities Co. / JP Morgan China / Agricultural Bank of China / Guangdong Development Bank / Shenzhen Stock Exchange / Commercial Bank of China / Agricultural Development Bank / China Development Bank / Bank of China / Industrial / The Commercial Bank Law / KPMG / Industrial Bank / China CITIC Bank / Agricultural Development Bank of China / China Construction Bank / The Export-Import Bank / Shanghai Pudong Development Bank / Shenzhen Development Bank / Nonbank / Bloomberg / China Minsheng Bank / Hua Xia Bank / Export-Import Bank of China.† / China Everbright Bank / Shanghai Stock Exchange / Bank of Communications / Chinese Bank Holdings of Financial / China Merchants Bank / /
Continent
North America / Europe / /
Country
Taiwan / France / Japan / United States / China / /
Currency
CNY / USD / /
Event
M&A / /
Facility
University of Toronto / /
IndustryTerm
bank loan / bank credit / development aid / insurance / bank balance sheets / basic utilities / bank capital / shadow banking sector / finance / bank recapitalization / policy banks / gross domestic product / algorithm law / bank lending / state banks / food production / bank / bank interest rates / risky bank / state banking system / bank bailout / banking / retail deposit / shadow banking activity / big banks / shadow banking system / at curbing the big banks’ substandard lending / /
Organization
Brookings Institution / International Monetary Fund / Philadelphia Fed / China Securities Regulatory Commission / Ministry of Finance / State Council / Chinese Communist Party (CCP) / US Federal Reserve / U.S.-China Economic and Security Review Commission / Georgetown University / China Banking Regulatory Commission / People's Bank of China / curtailed.† Local government / Local government / University of Toronto / Chinese government / /
Person
Emma Ross-Thomas / John Dearie / Charles Penty / Carl Walter / Paul Saulski / Lynette Ong / /
Position
Economist / law professor / co-author / chief operating officer / financial journalist / /
SECTION 3: GOVERNANCE AND ACCOUNTABILITY IN CHINA’S FINANCIAL SYSTEM Introduction This section provides an overview of China’s financial system, covering strains in the state banking system; the growth of the