China, which offer good examples of shadow banking in the advanced and emerging markets. This article presents such a study … international community's policy making in this area. It is found that while shadow banking varies in the U.S. and China in terms of …

The growth of China’s shadow banking industry has been a recent source of serious concern for the US-China Economic and … practices in China potentially threatens not only China but also economies that are intimately tied to China through trade … context of China’s post-1978 debt financing experience, reveals that China poses a challenge to the established theory that …

two decades. It traces this dance to be between the roles of mortgage markets since the 1980s in both the US and China and … reflected in rent growth. In the US, prices chased prices; in China, prices chased rents. Mortgage markets were more complicated … collapse caused "silent runs," which were instrumental in the ensuing crash. China's shadow banks were more like traditional …