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KM Financial Solutions | PBOC governor urges China to promote equity, cut debt, eliminate “zombie” companies-official media
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PBOC governor urges China to promote equity, cut debt, eliminate “zombie” companies-official media

03 Nov PBOC governor urges China to promote equity, cut debt, eliminate “zombie” companies-official media

Posted at 05:46h in News by
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SHANGHAI, Nov 4 (Reuters) – China’s central bank boss spelt
out his strategy to prevent a future financial crisis, urging
broadened equity funding and direct finance to reduce corporate
leverage and eliminate “zombie” companies, official media
reported on Saturday.

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