assessments

Beijing's Debt Swap Program Takes Shape

Oct 21, 2016 | 09:00 GMT
Beijing's Debt Swap Program Takes Shape
It is unclear what criteria are being used to select candidates for debt-to-equity swaps from among China's many foundering state-owned enterprises.
(JOHANNES EISELE/AFP/Getty Images)

The first deal to convert a provincial state-owned company's debt has raised more questions than it has answered. ...

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