This Article will briefly examine several issues underlying the hottest financial news in this year's global market. In particular, the Article will ask how such large non-performing loans ("NPLs") have come to exist in the Chinese banking system, how the Chinese economy has managed to grow despite its many flawed and vulnerable banks, and how the Chinese have resolved the NPL problem. Finally, the Article will discuss how effectively the NPL disposal scheme has worked thus far, in the period before the upcoming overseas listings.
"WTO: Time's Up for Chinese Banks -- China's Banking Reform and Non-Performing Loan Disposal,"
Chicago Journal of International Law:
1, Article 11.
Available at: http://chicagounbound.uchicago.edu/cjil/vol7/iss1/11