The disappearance of Tianfu Bank’s chief underscores the bad debt burden inherited by its state owners
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Huang Yi
The case highlights concerns over hidden bad debt tied to China’s property downturn
Yang Yi, a vice president at China Citic Financial Asset Management, has been unreachable, people familiar with the matter told…
Resolving LGFVs’ liabilities is running into complications, with high-interest, noncompliant debt banks are reluctant to touch
The case underscores lingering banking risks tied to China’s property boom
Regulators intervened over concerns of aggressive expansion and credit risks, underscoring vulnerabilities in some smaller…
Resolving LGFVs’ sprawling operational debts is running into complications, partly in the form of a tangle of high-interest,…
