China Banking & Financial Services Q2 2019
|発行||Fitch Solutions, Inc.||商品コード||599112|
|出版日||ページ情報||英文 58 Pages
|中国の銀行・金融サービス業 China Banking & Financial Services Q2 2019|
|出版日: 2019年04月02日||ページ情報: 英文 58 Pages||
Preventing systemic risks in the Chinese economy is a key priority of the government over the next three years, as signalled during the annual Economic Work Conference in December 2017, and was reiterated repeatedly by the authorities over the course of 2018. We believe that policymakers will, therefore, make a concerted effort to curb the financial sector's expansion over the coming years. The opaque shadow banking system will be negatively impacted, alongside insurance and asset management due to their increased linkages. The commercial banking sector will likely be better supervised as loans migrate on- balance sheets.
Despite the expected top-downcurb on the sector's expansion, we remain positive in our view across the four markets of thefinancial services sector that we track - banking, insurance,asset management and stockexchanges across our forecast period. Within this, the tightening of regulations and the simultaneous opening up of markets to overseas operators is an accelerating trend across all four sectors, providing a greater deal ofcompetition fordomestic players.