A three-shot cure for China’s zombie problem

The country should form new bad debt agencies, encourage foreign distressed debt specialists and create a proper bad debt resolution process, or risk a full-blown credit crisis.
March 11, 2016

China’s four so-called bad banks have made a lot of money from gorging on bad debts. But they risk having too much of a good thing. 

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media