The Banker interviews CDI Expert regarding shadow banking

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On March 9, 2021, The Banker magazine, part of the Financial Times Group, interviewed CDI expert on issues surrounding shadow banking in China. With closer supervision and tighter regulation, the scale of shadow banking in China rapidly decreased from 100 trillion yuan in 2017 to 85 trillion yuan in 2019. Although a small rebound (less than one trillion yuan in scale) was seen in 2020 due to stimulation for real economy in response to the pandemic, the overall practice maintains centered on further regulating the financial market, compressing the scale of shadow banking, and controlling financial risks.