Abstract
dc:description.abstractThis thesis aims to provide an overview of the history, market landscape, and trend of investment in China's non-performing loans (NPLs). It starts by comparing the definitions of non-preforming loans by ECB, IMF, and CBRC. The focus in this section is on the change and process of NPL definition in China. Next, this thesis studies the historical trend of historical NPL balances and NPL ratios across industries and geographic locations. It then pictures the market landscape in China to introduce the market structure and participants followed by the handling and workout strategies of NPLs used in China. Lastly, it analyzes the pros and cons of investing in the China NPL market.
Degree
thesis:*- Name thesis:degree_name
- Master
- Department dc:contributor.department
- Sloan School of Management
- Grantor dc:publisher
- Massachusetts Institute of Technology
- Year dc:date.issued
- 2020
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Lu, Yunxuan,S.M.Sloan School of Management.
- Advisor dc:contributor.advisor
-
- Christopher Francis Noe.
Subjects
dc:subject × 1Rights
dc:rights- Statement dc:rights
-
- MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.
- Licence dc:rights.uri
- Language dc:language.iso
- eng
Identifiers
dc:identifier.*- Handle dc:identifier.uri
- https://hdl.handle.net/1721.1/127068
- OAI identifier oai:identifier
- oai:dspace.mit.edu:1721.1/127068