Li, Jianjun; Hsu, Sara; Qin, Yanzhi - In: China Economic Review 31 (2014) C, pp. 119-129
In this paper, we examine China's shadow banking institutions for financial risks. We use a bank stress test to analyze solvency risk for the systemically important financial institutions and the banking system as a whole. We find that there is some risk of bankruptcy and potentially a risk of...