The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
China's financial system has become very large, diversified, and interconnected. This
changing financial landscape could potentially produce systemic risks, arising primarily from
growing financial interconnectedness. The paper argues that, to address the potential
systemic risks, Chinese authorities should further strengthen internal coordination, notably by
institutionalizing better information collection and sharing among regulators, as well as
enhancing coordinated and comprehensive analysis of systemic risk.