Chart of the Week
Chinese Shadow Banking
- The FSB estimates shadow bank lending rose to $36 trillion in 2014 from $35 trillion in 2013, driven by growth in the United States, Ireland, and China.
- The global shadow banking industry remains concentrated in the U.S., the UK and the euro area. However, shadow banking in China, is rapidly increasing and accounts for about 8 percent of the total industry. Read corresponding blog entry.
Sources: Financial Stability Board, Milken Institute.