The emergence and growth of the shadow banking sector in China: financing mechanisms in the real estate market

Scoyni, Alessandro (A.A. 2023/2024) The emergence and growth of the shadow banking sector in China: financing mechanisms in the real estate market. Tesi di Laurea in Macroeconomics, Luiss Guido Carli, relatore Francesco Lippi, pp. 42. [Bachelor's Degree Thesis]

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Abstract/Index

Real estate in China. Shadow banking. Three red lines policy. Credit availability for private enterprises in China. Internal and external financing. Factors leading to unavailability of credit. Evolution of the Chinese banking system. Credit availability to the real estate sector. Shadow banking as a means of allocating adequate funding to the private sector. Shadow banking funding to real estate developers. Entrusted loans. Wealth management products. Other shadow banking instruments. Real estate developer usage of shadow banking funds. Shadow banking funding to local governments. Local government fund raising. Local government financing vehicles. Municipal corporate bonds. Local government bond swap program. Local government usage of shadow banking funds. Shadow banking funding to non-real estate private firms. Non-real estate private firm investment property holdings. The collateral motive. The return motive. Effects of shadow banking industry on the real estate market. Relationship between shadow banking and real estate development. Detrimental effects of shadow banking instruments on financial stability. Beneficial effects of shadow banking on the real estate and private sectors.

References

Bibliografia: pp. 37-42.

Thesis Type: Bachelor's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair: Macroeconomics
Thesis Supervisor: Lippi, Francesco
Academic Year: 2023/2024
Session: Extraordinary
Deposited by: Alessandro Perfetti
Date Deposited: 24 Jun 2025 09:47
Last Modified: 24 Jun 2025 09:47
URI: https://tesi.luiss.it/id/eprint/42598

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