US senator warns of corruption amid opening of Chinese loan market

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Trade deal enables US financial firms to acquire non-performing loans directly from Chinese banks. FMTNews Senator

NEW YORK: US Senator Marco Rubio has asked regulators to be vigilant about keeping American investors safe from “hazards” connected with a provision in the latest US-China trade deal that encourages investment in China’s non-performing loan market.

Copies also went to Securities and Exchange Commission Chairman Jay Clayton and top Department of Justice prosecutors. Rubio, a member of the Senate Committee on Foreign Relations, has criticised increased US investments in China because of what he says are corporate governance risks and companies whose missions sometimes run counter to US interests.

Other firms already active in purchasing pools of Chinese non-performing loans include Bain Capital Credit LP and Blackstone Group LP.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 5. in İD

Indonesia Berita Terbaru, Indonesia Berita utama