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Title: A Brief Analysis of Risk and Countermeasures on Informal Finance
Source: International Conference on Engineering and Business Management 2012(Part 4 Urban Management and Financial Investment) (pp 3048-3050)
Author(s): Caiping Xu, North China Institute of Aerospace Engineering, Langfang, Hebei, China, 065000
Yuxia Dong, Langfang Teachers College, Langfang, Hebei, China, 065000
Abstract: This document defines the necessity and risk analysis of informal Finance and Countermeasures to standardize and develop Informal Finance-- an indispensable part of Chinese financial system--which has providing private, small and medium-sized enterprises the necessary financial support as well as promoting economy growth While bringing immense financial risks. Therefore, Informal Finance should be guided correctly and standardized reasonably.
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