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Last updated: 13:02:32 Thursday May 15, 2008


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  • Zhu Rongji 1
  • China Cinda in Talks to Sell Bad Debt to Foreigners
    Beijing - Cinda Asset Management Corp., which is charged with taking over bad debt owed to China Construction Bank, is in talks with `dozens'' of well-known foreign investors interested in buying some of that bad debt, the China Securities newspaper reported, citing Zhu Dengshan, Cinda's president. 2000-04-21

    China asset management firms, bank in swap deals
    BEIJING - Two Chinese asset management firms and a policy bank have signed debt-for-equity swap deals worth 1.89 billion yuan ($228.3 million) with a big state-owned coal mining firm, the Financial News said on Saturday. 2000-04-02

    Great Wall AMC in debt swap with five China firms
    BEIJING - China's Great Wall Asset Management Corporation has signed a deal with five troubled state-owned companies to swap 1.0 billion yuan ($121 million) of debt for equity, Xinhua news agency reported on Monday. 2000-01-24

    Key China reform plan stalled
    BEIJING - A $50 billion programme of debt-for-equity swaps that China has trumpeted as the magic cure for its ailing state-owned business sector is making scant progress, a leading state newspaper said on Wednesday. 2000-01-12

    People: [Zhu Rongji]

    China's Shougang in $423 mln debt/equity swap deal
    BEIJING - China's debt-clearing firms and a state bank have signed an agreement with Chinese steel giant Shougang Corp to swap about 3.5 billion yuan ($423 million) debt for equity, the official Xinhua news agency said on Saturday. 2000-01-01

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