debtChina has selected certain financial institutions to participate in a trial program to buy and sell banks' non-performing loans, in an effort to streamline the process of handling commercial banks' ballooning bad debt. The China Securities Regulatory Commission revealed the trial program in January, aiming to use securitization and transfers of non-performing assets to help […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network