China shadow banking: the good, bad and ugly

China’s shadow banking market - which has been described as one of the great dangers to global financial stability - was a hot topic for asset owners and economists at the recent Boao Forum for Asia, China’s annual meeting of politicians and business leaders. Xie Ping, deputy general manager at China Investment Corporation, said China’s shadow banking market operated in a different manner from those of other countries, particularly in relation to  participating institutions and th…