The Legal Treatment of China's Corporate Debt Problems
Author | : Eiichi Sekine |
Publisher | : |
Total Pages | : 15 |
Release | : 2014 |
ISBN-10 | : OCLC:1308846816 |
ISBN-13 | : |
Rating | : 4/5 (16 Downloads) |
Download or read book The Legal Treatment of China's Corporate Debt Problems written by Eiichi Sekine and published by . This book was released on 2014 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earlier this year repayment problems with a trust product and a default by a Chinese company on a publicly offered and listed bond attracted the interest of market participants. Both cases have been dealt with within China's existing legal framework, and investors have not suffered any untoward effects. China's corporate debt problems have been associated with sectors suffering from overcapacity and in need of reform. Such reforms will need to go hand in hand with financial reform.