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"Many good mechanisms have been introduced to China, such as venture capital and stock options, which will help trigger the restructuring of industries throughout the country," says Wang Zhidong, chief executive of Sina.com, one of the few mainland Chinese Internet companies to list shares on Nasdaq so far.
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The question now is whether the restructuring will trigger credit default swap payments on an estimated 3 billion euros in claims.
"It does not appear to be likely that the restructuring will trigger payments under existing C.D.S. contracts," the association said in a statement, though it cautioned that it was too early to make an official ruling.
It is uncertain, for instance, whether a pre-emptive restructuring would trigger the default clause in credit-default swaps.
For instance, stakeholder needs that typically trigger such restructuring and how the MPS-SV can support meeting these needs were not described.
If it were otherwise, why insist on the fiction that the restructuring of private debt is "voluntary" simply to avoid triggering credit-default swaps?
Anti-trade or not, it is clear that the package of tariffs and other policy reforms have done little to dampen the trade deficit or trigger a broad restructuring of the supply chains underpinning American brands.
Such a sale may trigger a restructuring that could generate big tax bills for Samsung and might threaten the Lee family's control of the group.
The restructuring took a year.
The restructuring will continue.
The restructuring is weighing on earnings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com