This note considers the role debt-equity conversions and NPL securitization can play in addressing excessive corporate debt in China, and the corresponding burden on banks of impaired assets. It finds that such techniques can play a role, but getting their design right is critical, as is nesting them within a comprehensive, system-wide, plan
Notes
"August [i.e. April] 2016."
Bibliography
Includes bibliographical references
Notes
Description based on online resource; title from pdf title page (IMF.org website, viewed May 9, 2016)