The Traderszone Network

Published in TZ Latest News 12 October, 2016 by The TZ Newswire Staff

Chinese firms are moving rapidly to announce debt restructuring plans

Reuters with a piece on new government guidelines released Monday and the response from firms to restructure debt
– Policymakers want to rein in corporate debt (Chinese companies sit on $18 trillion in debt, equivalent to about 169 percent of gross domestic product (GDP), according to the most recent figures from the Bank for International Settlements. )