Chinese firms implemented $203 billion debt-to-equity swaps in 2019
A China yuan note is seen in this illustration photo May 31, 2017. Reuters/Thomas White
Chinese firms implemented 1.4 trillion yuan ($203 billion) debt-to-equity swaps in 2019, the vice chairman of China's banking and insurance regulator said on Monday.
China will take different measures to dispose of risks from some high-risk institutions besides Baoshang, Jinzhou and Hengfeng banks, Xiao Yuanqi, spokesman of the regulator told a press conference in Beijing.
