As Chinese Banking System Grows, A Warning That Debt-To-Equity Swaps Merely Shifts RiskMark Melin
As the Chinese banking system is surpassed its European counterparts at the end of 2016, according to Financial Times analysis, a Natixis report on Chinese bank asset quality notes improvement. However, the report points to a shifting of troubled loans from the banks back into the nation’s financial system. The bad debt just doesn't disappear even with Debt-To-Equity Swaps.
And tied with a recent report by the FT this is probably not good news...
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up below and support quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible - we love (all our but in particular our) paying readers