China in 2 minutes a day
Top news and analysis delivered to your inbox

Opinion: China’s plan to let banks swap bad debt for equity won’t help address the most significant sources of the problem

he debt-for-equity swap program, described by officials as restricted to firms with long-term potential and short-term difficulties, fails to address the bulk of the bad loans and "points to a stark disconnect between what policy makers want, and what pillars of the financial system such as the state-controlled banks are actually able to deal with," writes Anjani Trivedi.
6 months ago
Amedeo Tumolillo
By Amedeo Tumolillo
Amedeo Tumolillo is an editorial consultant with SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.
China in 2 minutes a day
Top news and analysis delivered to your inbox

More from SupChina

How does healthcare in the U.S. compare with China’s?
Chinese visitors to the U.S. are often shocked by the exorbitant bills and long waits at healthcare facilities, but China has its own set of problems. Read more
Mar 28, 2017
Tuesday, March 28
The traditional orchestra
Mar 28, 2017