Finally, Chinese banks’ activities are impeded by outdated and unnecessary regulations, including limits on how much credit they can extend in a year and a 75% cap on the loan-to-deposit ratio. In order to evade such controls, banks are moving a larger share of their lending activities off of their balance sheets.
最后，中资银行的行为饱受过时的不必要监管的制约，包括年度信用总量控制和75%的贷款/存款比上限。为了规避这些监管，银行将更多的贷款行为挪到表外。但这些表外贷款涉及到更多数量的中介，增加了交易成本。