KKR Teams Up With Chinese Bad Bank To Target Troubled Property Debt

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KKR & Co. L.P. has teamed up with one of China’s four state-run bad banks to invest in credit and distressed debt opportunities in China, as the country’s corporate defaults and distressed debt piles are expected to swell.

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Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.