China's recent emergence as a leading global economic and financial powerhouse has implications for all aspects of … sufficiently adapted to the new reality of China’s prominence, and has remained unsustainably centred on incumbent North Atlantic … financial systems. This lagging pattern is in the interest neither of the incumbents, nor of China, nor of the world as a whole …

This paper researches into development of China’s shadow banking during 2020-2022, a special period marked by COVID-19 … and strengthened global regulation on Non-Bank Financial Intermediation (NBFI). Research focus includes balance sheet …-summarizes growth dynamics of China’s shadow banking in a “Pull-Push” framework, and proposes concept of reintermediation in respective …