Summary | This is not the first time that the country has
bought time for distressed SOEs.About 30 percent of those bad
loans were swapped into equity as directed by the
government.Zombie panies won't get the opportunities.Still,
questions abound the details of how the bailout will work.Local
governments have plenty of reasons to lobby for SOEs in their ...
bought time for distressed SOEs.About 30 percent of those bad
loans were swapped into equity as directed by the
government.Zombie panies won't get the opportunities.Still,
questions abound the details of how the bailout will work.Local
governments have plenty of reasons to lobby for SOEs in their ...
en.ce.cn | 25 April 2016