Resumen de China's NPL plans risks shifting burden
The article reports that the China Banking Regulatory Commission (CBRC) has revealed a plan to allow Chinese lenders to take part in debt-to-equity swaps to dispose the country's bad loans. It mentions that Chinese commercial banks are prevented from investing in non-banking companies but there subsidiaries can invest. It presents the views of David Lam, partner at law firm King & Wood Mallesons, on the same.
