Yang, Jian; Yu, Ziliang; Ma, Jun - 2022
’s financial sector, nonbank FIs also bear considerable influence; (2) the market-oriented large commercial banks generally play a … more pronounced role than the four state-owned megabanks in transmitting financial shocks; (3) China’s financial sector … exerts noticeable influence on the global financial sector, particularly that of Japan; and (4) monetary policy measures …