Law and Practice of Debt Finance in Modern China

<p>This book provides updated, full-picture analysis of the laws and practices of cross-border debt&nbsp;finance&nbsp;in the PRC. It is featured by the first-handed experiences of the author’s academic research and legal practice in this field over two decades.</p><p>&nbsp;</p><div>The author discusses legal and regulatory issues, transaction structures and documentation in relation to two debt finance products:&nbsp;loan and bond, covering the&nbsp;inbound&nbsp;structure (Chinese debtors’ raising funds from the international market) and the&nbsp;outbound&nbsp;structure (Chinese creditors’ supplying funds to the international market). For cross-border loans, this book thoroughly illustrates the foreign debt regulatory regime in the PRC and approaches the lending by Chinese banks to support exports and overseas investments under the&nbsp;“Belt&nbsp;and Road&nbsp;Initiative”&nbsp;(BRI).&nbsp;For cross-border bonds, it discusses how Chinese issuers, by designing various transaction structures, enter into the international bond market, and then researches the “opening-up” of Chinese bond market to both international issuers (for issuing “Panda Bonds”) and investors (for purchasing Chinese bonds).<p></p></div><p>&nbsp;</p><div>This book is used as an authoritative source for not only students and researchers, but also bankers and legal practitioners, who are interested in the Chinese debt&nbsp;finance&nbsp;market.<p></p></div><p></p><p></p>