China's Debt To Equity Swaps Continue But They Won't Solve The Country's Problems

China’s Debt To Equity Swaps Throughout 2016 the topic of China’s monumental debt mountain was the most discussed in the financial community. Even Chinese policymakers themselves began to take a serious look at the issue, and official recognition of the problem emerged in March as the state began to sanction debt for equity swaps. China’s Banking System Now World’s Largest, But Not All Chinese Leaders Happy These swaps may only delay the inevitable for some companies, but they are more symbolic than anything else. The debt for equity swap program is just one of many tools in the Chinese government’s…