KM Financial Solutions | China’s Shenzhen broadens scope for bad debt sales to offshore investors-sources
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China’s Shenzhen broadens scope for bad debt sales to offshore investors-sources

China’s Shenzhen broadens scope for bad debt sales to offshore investors-sources

BEIJING, May 25 (Reuters) – China’s foreign exchange
regulator has started to allow non-banking institutions in the
southern boomtown of Shenzhen to sell soured assets to global
investors, two sources with direct knowledge of the matter told
Reuters on Friday.

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