China Private Firms Show Way Out of Debt Trap for State Giants

Updated on
  • Leverage ratios improve at private companies, worsen at SOEs
  • Nation's annual legislative meetings to be held early March

China’s private companies are doing a better job than state-owned peers cutting debt, new research shows, adding to calls for President Xi Jinping to overhaul the country’s industrial sector ahead of annual legislative meetings in Beijing.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.