Financial sunshine and shade

As usual, analysis of the shadow lending industry holds the key to understanding where China’s financial policies are heading. This is mainly because shadow lending, according to China Confidential’s research, has exceeded formal bank lending in each month this year. Faced with a loss of financial control of historic proportions, Beijing is now intent on reasserting its control over some of the myriad forms of informal credit. This process is set to take many months or years – and indeed may never be fully complete – but early changes are already emerging into view.

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Other Articles on this Issue

• Financial China

  Selected Financial Charts

• Macro View

  Liquidity easing underway

• Forbidden City

  Pressuring China with a proposed new trade area

• The Big Call

  Outsourcing farming to the Americas

• The Best of Chinese Commentators

  Anti-trust probe on China Telecom

  Renminbi internationalisation and financial centres

• Consumer China

  Mobile handsets – ringing the changes

  Nokia – on the skids

  Samsung – China’s new number one in handsets

  Spreadtrum – chip maker rides the 3G wave

  ZTE – industry leader seeks to reverse profit margin decline

• View issue