Foreign Investment in NPL Assets: Is China's Legal Environment Up to the Task?

China's state-owned commercial banks are saddled with portfolios of non-performing loans (NPLs). Do China's legal, regulatory and tax regimes offer attractive structures to draw foreign investment into this sector?

18 minute readMay 02, 2003 at 12:58 AM

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By David D. Liu, Sidley Austin Brown & Wood, Shanghai

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