Two suggestions for distressed debt investors seeking opportunities in China: look beyond the loan books, and work with local asset management companies, according to Jason Bedford, executive director of Asian financials research at UBS, who has studies China’s distressed debt sector for years. China’s bad debt issues are increasingly regional, as illustrated in a recent report by UBS showing how some banks based in slower-growing provinces are driving the expansion of shadow banking, with shadow loan ratios much higher than those in some of …
Look Beyond China’s Shadow Banking Loan Books For Opportunity appeared first on China Money Network.