Overview
- Provides comprehensive study of China’s money management market
- Reviews the history of wealth management products, innovation and regulation
- Analyzes the monitory regulations and policies in assets management market
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Table of contents (7 chapters)
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Front Matter
Keywords
About this book
This book presents China’s wealth management market to the public, institutions and research groups. As the money base of Renminbi (RMB or Chinese Yuan) from the central bank increases exponentially in recent years, the overall leverage ratio rises in an alarming rate and the shadow banking issues stick out. Where this massive amount goes has raised huge interest all over the world. This book answers this question in three aspects: What is the money made up? Who is managing the money and how are they doing? The author studied six types of financial institutions that are responsible for channeling the money to industries and individuals. Banks although still the main vehicle for money flows, other financial organizations have taken more and more important roles in the money management market. Insurance, trust, security and mutual funds are the main non-banking business participants. New money management products are innovated, as are the regulations. The money managementbusiness in China has experience from starting chaos to a regulated market and the evolution is still going on. Professionals and researchers around the world are watching China’s money market closely, studying the mechanisms, looking for business opportunities and trying to theorizing economic rules. This book is a well presented and professionally structured for the above purposes.
Authors and Affiliations
About the authors
Jianfeng Yin was a winner of Sun Yefang Reward of Economics in 2006. He was selected as a national-level talented people in China’s Million Talented People Project in 2013.
Bibliographic Information
Book Title: Whither has the Money Gone
Book Subtitle: Fund Flow and Mechanism Under a Grand Asset Management Framework
Authors: Jianfeng Yin, Jianwei Wu, Zengwu Wang
DOI: https://doi.org/10.1007/978-981-16-4931-8
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Social Sciences Academic Press and Springer Nature Singapore Pte Ltd. 2021
Hardcover ISBN: 978-981-16-4930-1Published: 05 September 2021
Softcover ISBN: 978-981-16-4933-2Published: 06 September 2022
eBook ISBN: 978-981-16-4931-8Published: 04 September 2021
Edition Number: 1
Number of Pages: XXXI, 164
Number of Illustrations: 3 b/w illustrations, 87 illustrations in colour
Topics: Public Finance, Banking, Investments and Securities, Development Finance, Social Choice/Welfare Economics/Public Choice/Political Economy