Sunday, April 11, 2021
Tags State-owned enterprises

Tag: State-owned enterprises

Central State-owned Enterprises Post Declining Debt-Asset Ratio in First Half

China's central state-owned enterprises (SOE's) posted a modest decline in their debt-asset ratios in the first half of 2018 amidst Beijing's ongoing deleveraging campaign. The...

State-owned Enterprises Post 16.7% YoY Rise in Total Profits for First Quarter

The latest official data from the Ministry of Finance points to accelerating profit growth at China's state-owned enterprises in the first quarter of 2018. Figures...

SASAC Says It Welcomes Foreign Investment in State-owned Enterprises

The head of the State-owned Assets Supervisory and Regulatory Commission (SASAC) has said that it plans to further open China's state-owned enterprises to foreign...

State-owned Enterprises Must Deleverage ASAP: Xi Jinping

Chinese president Xi Jinping has called for the country's state-owned enterprises to reduce their leverage levels as soon as is possible. At a meeting of...

SASAC Hopes to List 70% of Central State-owned Enterprise Assets by 2020

China's State-owned Assets Supervision and Administration Commission (SASAC) plans to list at least 70% of central state-owned enterprise (SOE) assets by the end of...

SASAC Will Drive Overseas Expansion of China’s Central State-owned Enterprises

The head of China's State-owned Assets Supervision and Administration Commission (SASAC) says that it will push for further overseas expansion of the country's central...

Debt-Equity Swaps Still Leave Chinese Banks Exposed to Bad Loans

Analysts from Brussels-based economic think tank Bruegel say that China's use of debt-equity swaps to deleverage state-owned enterprises may simply be shifting bad loans...

Deleveraging of SOE’s Not Designed to Reduce Their Economic Role: Xinhua

Chinese official media reports that state-owned enterprises will remain at the core of Beijing's ongoing deleveraging campaign, and that reductions in their debt levels...

Jiusan Society Calls for Tax on Vacant Properties and Estate Tax Trials

China's Jiusan Society has called for the accelerated establishment of new property taxes as well as trials of estate taxes. The Jiusan Society (九三学社), one...

State Council Stresses Debt-equity Swaps for Slashing Corporate Leverage

China's State Council has reiterated its commitment to the use of debt-equity swaps as a key tool for reducing high levels of corporate leverage,...

Most Read

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...