China in 2 minutes a day
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Opinion: China’s much-hyped plans for debt-equity swaps could create more problems than they solve

The plans create new loans that are simply backed by equity in key units, meaning indebtedness may actually increase," writes Christopher Langner.
12 months ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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