Saturday, October 24, 2020
Tags Deleveraging

Tag: Deleveraging

Debt-Equity Swaps Still Leave Chinese Banks Exposed to Bad Loans

Analysts from Brussels-based economic think tank Bruegel say that China's use of debt-equity swaps to deleverage state-owned enterprises may simply be shifting bad loans...

Is China’s Debt War Exacerbating Systemic Financial Risk?

The deleveraging campaign and shadow banking crackdown which currently lie the core of China's financial policy settings could be exacerbating systemic risk, due to...

Deleveraging of SOE’s Not Designed to Reduce Their Economic Role: Xinhua

Chinese official media reports that state-owned enterprises will remain at the core of Beijing's ongoing deleveraging campaign, and that reductions in their debt levels...

“Orderly Deleveraging Needed to Stabilise Market Expectations”- State Media

China's state-run media has called for Beijing's ongoing deleveraging campaign to be conducted in an "orderly" fashion, with a view to more effectively containing...

Central Government Flags Heavy Pressure on Covert Local Government Debt Growth

China's central government appears intent upon keeping a lid on "covert borrowing" by the country's local governments as part of its ongoing deleveraging campaign. China's...

State Council Stresses Debt-equity Swaps for Slashing Corporate Leverage

China's State Council has reiterated its commitment to the use of debt-equity swaps as a key tool for reducing high levels of corporate leverage,...

China Opens its First Online Exchange for Distressed Debt

China's biggest asset management company has just launched the country's first online platform that provides for the trading of distressed debt assets, as Beijing...

Shadow Banking Crackdown Could Further Hamper Capital Adequacy Ratios

China's commercial lenders will find it a challenge to raise their perilously low capital adequacy ratios amidst Beijing's ongoing shadow banking crackdown, according to...

Provincial Authorities Intent on Squeezing Local Government Debt in 2018

Provincial governments around China are dialling up their regulation and scrutiny of local government debt at Beijing's behest as part of efforts to forestall...

Chinese Lending Could Exceed 14 Trillion Yuan in 2018

Domestic analysts expect China to maintain stable loan growth this year, after M2 money supply growth dipped to unprecedented lows in 2017. Yan Ling (师闫),...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...