Delve into China’s critical private lending and shadow banking landscape with this comprehensive guide. Essential for finance professionals, legal scholars, and business strategists in India and globally, this book dissects the practice, law, and regulation of alternative finance. Explore its historical roots, economic significance for millions of businesses, and inherent financial risks, including insights from past crises. Understand the intricacies of Chinese financial reform and gain expert perspectives on developing effective regulatory frameworks for underground lending. A vital resource for anyone studying or operating within international finance and economic policy.