You are here

China mulling over bad-debt securitisation to cut bad loans

Only 3 Chinese firms have issued such bonds before a 2009 halt to all asset-backed securities

Hong Kong

CHINA is facing calls to bring back an instrument to fight bad loans it had deemed too dangerous after the global financial crisis: debt tied to failed assets.

China Construction Bank Corp (CCB) said inĀ August it's exploring bad-debt securitisation, in which lenders

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom