China to become more selective in supporting distressed banks
  • State support for the Chinese banks will vary as the authorities try to share some of the losses with large creditors, say analysts at Moody’s and Fitch
  • Up to 10 per cent loss sharing by wholesale creditors of Bank of Baoshang, and Bank of Jinzhou skipping its coupon payment on dollar bonds are some examples
10 Sep 2019 - 11:03PM