Logo 10 Aug 2017

An outline for SOE debt

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

Xi Jinping got the diagnosis right at the Financial Work Conference – SOE debt is the key driver of China’s leverage.
Not much has been done to address the issue, but we are seeing baby steps.

The most recent was from the NDRC, who advocates the following this week:

Prioritize SOEs to lower t...