Baosheng Xie, Intan Maizura Abd Rashid, Zhikai Lin, Heyuan Han, Yigui Chen

Baosheng Xie

14 June 2023

Financial innovation, "Shadow banking", "Shadow currency", Offshore financial market, Resonance management mechanism.

Driven by financial innovation, "shadow banking" has gained vigorous development opportunities, and "shadow currency" mainly comes from "shadow banking". The expansion of financial business, especially offshore financial business, is constantly stimulated by "shadow banking", and the "shadow currency" created by "shadow banking" is gradually affecting the global financial market. "Shadow currency" resonates among different offshore financial markets, which has a great impact on the stability of the financial system. In this context, the study of "shadow currency" offshore resonance management mechanism has become one of the important topics of financial development. This paper expounds the concepts of "shadow currency", "shadow banking" and offshore finance, analyzes their characteristics and existing relations, and studies the specific performance of "shadow currency" offshore resonance management mechanism, hoping to provide reference for promoting China's financial development to a certain extent.

© 2023, the Authors. Published by ISCCAC

This is an open access article distributed under the CC BY-NC license