China’s Non-performing Loans market, as well as the legal regime applicable to NPLs, has developed rapidly over the past years and has attracted attention from both international and local investors. Overall, China has steadily deregulated the trading of NPLs since the launch of this industry nearly two decades ago. In this article, written by our corporate partner Stewart Wang based in our Shanghai office, we will introduce the history of China’s NPL market and some important changes to the legal regime applicable to NPLs. Click here for the article.