Eugenio Cerutti and Haonan Zhou — The Chinese banking system: Much more than a domestic giant

Chinese banks have continued to expand rapidly both domestically and abroad. Together, they constitute the largest banking sector in the world by far. This column places the Chinese banking system in a global context. Although very small relative to their domestic claims, Chinese banks’ foreign claims are substantial for many borrower countries in Asia, Africa, and the Caribbean in particular. Many of these banking connections are related to Chinese outward foreign direct investment, with fewer related to trade linkages.

vox.eu
The Chinese banking system: Much more than a domestic giant 

Eugenio Cerutti, Assistant to the Director at the Research Department, IMF and 

Haonan Zhou, Research Assistant, IMF