Asset-Backed Securities: International Experience and Chinese Practice

Author: Deng Weili
Publisher:
Publish Date: 2003-03-01
Features: Since asset securitization emerged in the United States in the 1970s, it has become one of the main trends in the global financial development today. Since Premier Zhu Rongji issued directives on asset securitization in China in 1998, research in this field has been booming in China. The author's quantitative research on some specialized technical issues in asset securitization, comparative analysis of asset securitization development in countries around the world, as well as the proposed solutions and suggestions for residential mortgage loan and commercial bank non-performing loan securitization in China, all demonstrate pioneering spirit and strong practical significance.