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.

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Authors

Jinghan Cai
Alicia García-Herrero
Le Xia BBVA Research - Chief Economist

Documents and files


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Report (PDF)

WP 15-30_China WMPs

English - November 26, 2015

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