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China | Early fruits of corporate deleveraging add to growth resilience

Published on Wednesday, September 13, 2017 | Updated on Sunday, May 13, 2018

China | Early fruits of corporate deleveraging add to growth resilience

The total debt level of China’s corporate sector remain a great concern. However, some firm-level indicators have shown improvement in the indebtedness of non-SOEs. The early fruits of corporate deleveraging have reinforced our confidence in China’s economic prospect, but there is still a long way to cover before declaring a decisive victory of the deleveraging campaign.

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