Foreign funds “smell money” in China’s NPL market

International interest grows even though the industry cannot match the outsized returns of its early days. China’s debt mountain may be growing, but one sub set of foreign investors view it as an opportunity to make money. At an industry conference in Shenzhen on Thursday, distressed debt investors said they are looking to put more capital into China even though increased … https://bit.ly/2I3XkQ1

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