China’s central bank is preparing regulations that would allow commercial lenders to swap non-performing loans of companies for stakes in those firms, two people with direct knowledge of the ... Read More
China’s biggest banks are turning their back on mainstay borrowers like manufacturers and courting high growth industries such as healthcare, food and IT in a bid to boost revenue. ... Read More
The asset backed securities that sunk the U.S. economy, namely the complicated financial products known as mortgage backed securities, is a market China wants to consider opening up to…Americans. ... Read More
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