Chinese firms implemented $203 billion debt-to-equity swaps in 2019
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BEIJING (Reuters) - Chinese firms implemented 1.4 trillion yuan (156.15 billion pounds) debt-to-equity swaps in 2019, the vice chairman of China's banking and insurance regulator said on Monday.China will take different measures to dispose of risks from some high-risk institutions besides Baoshang, Jinzhou and Hengfeng banks, Xiao Yuanqi, spokesman of the regulator told a press conference in Beijing.