Press "Enter" to skip to content

China makes it easier to shut “zombie” companies

China unveiled a new plan on Tuesday to make it easier for companies, including state-owned “zombie” companies, to exit the market in a move to make the economy more efficient. It ruled that local governments are not allowed to provide subsidies or loans to keep “zombie” companies alive.

The move . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. Don't miss out! 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related information.
  • Weekly Market Wrap-up on Chinese equities, bonds, the yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!

 

Not ready for the full service? Subscribe to our Free Weekly Newsletter first.

Already have an account? Sign In

Top