China’s NPL market: implications of the China-U.S. Trade Deal

作者/编者:Anne-Marie Neagle, Andrew Fei, Richard Mazzochi and Xiaoxue (Stella) Wang
作者单位:金杜律师事务所
创作年代:2020
出处/来源:King & Wood Mallesons (金杜律师事务所)
学科分类:商法学
所属机构:金杜律师事务所
文献语种:

摘要

Foreign investors continue to show strong interest in accessing China’s growing market for non-performing loans (NPLs). So much so that the recent China-U.S. Phase One Trade Deal includes a commitment by China to further open up its NPL market to U.S. firms. Specifically, China has agreed to allow U.S. financial services firms to apply for provincial (and eventually national) asset management company licenses, which would allow them to acquire NPL portfolios directly from Chinese banks. At the time of writing, the first such license has already been granted and more are expected in the future. In this article, we explore the significance and potential business opportunities presented by this aspect of the Phase One Trade Deal. However, to better understand its implications, we begin with a high-level overview of the existing macroeconomic and regulatory landscape surrounding China’s NPL market. For those who are already familiar with the background, please refer directly to Part II of this article further below.

关键词: China’s NPL market China-U.S. Trade Deal Phase One Trade Deal

正文

为你推荐RECOMMEND

收藏
翻译服务
下 载

该文档为付费内容,请购买后阅读全文

翻译服务

China’s NPL market: implications of the China-U.S. Trade Deal

我们提供文献翻译服务,请填写您的联系方式,方便我们与您取得联系

提交
客服热线:13801067850 座机:010-88578296

提交成功

我们会在3个工作日内与您取得联系,请保持手机联系方式畅通