Thursday, October 22, 2020
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,...

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

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Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....