Cao Jianqin (R) makes Xuan paper at the Zijinlou Xuan paper factory in Jingxian County in eastern China's Anhui Province on October 22, 2019. Xuan paper, traditional Chinese paper made in Jingxian County of Xuancheng City, has a history of more than 1,000 years. Photo: XinhuaCao Jianqin (R) makes Xuan paper at the Zijinlou Xuan paper factory in Jingxian County in eastern China's Anhui Province on October 22, 2019. Xuan paper, traditional Chinese paper made in Jingxian County of Xuancheng City, has a history of more than 1,000 years. Photo: Xinhua
Cao Jianqin (R) makes Xuan paper at the Zijinlou Xuan paper factory in Jingxian County in eastern China's Anhui Province on October 22, 2019. Xuan paper, traditional Chinese paper made in Jingxian County of Xuancheng City, has a history of more than 1,000 years. Photo: Xinhua

China’s financial regulator takes aim at country’s murky restructuring process for bond defaults

  • China’s regulators are pushing to improve the debt restructuring process, currently notoriously opaque and protracted
  • Senior officials from bodies including the central bank and securities regulator this week urged that defaults be handled more efficiently and transparently, saying action is needed to restore investor confidence
Topic |   Bonds
Cao Jianqin (R) makes Xuan paper at the Zijinlou Xuan paper factory in Jingxian County in eastern China's Anhui Province on October 22, 2019. Xuan paper, traditional Chinese paper made in Jingxian County of Xuancheng City, has a history of more than 1,000 years. Photo: XinhuaCao Jianqin (R) makes Xuan paper at the Zijinlou Xuan paper factory in Jingxian County in eastern China's Anhui Province on October 22, 2019. Xuan paper, traditional Chinese paper made in Jingxian County of Xuancheng City, has a history of more than 1,000 years. Photo: Xinhua
Cao Jianqin (R) makes Xuan paper at the Zijinlou Xuan paper factory in Jingxian County in eastern China's Anhui Province on October 22, 2019. Xuan paper, traditional Chinese paper made in Jingxian County of Xuancheng City, has a history of more than 1,000 years. Photo: Xinhua
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