Resolving China’s Corporate Debt Problem

preview-18
  • Resolving China’s Corporate Debt Problem Book Detail

  • Author : Wojciech Maliszewski
  • Release Date : 2016-10-14
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 43
  • ISBN 13 : 1475545290
  • File Size : 52,52 MB

Resolving China’s Corporate Debt Problem by Wojciech Maliszewski PDF Summary

Book Description: Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase in investment after the Global Financial Crisis. Investment efficiency has fallen and the financial performance of corporates has deteriorated steadily, affecting asset quality in financial institutions. The corporate debt problem should be addressed urgently with a comprehensive strategy. Key elements should include identifying companies in financial difficulties, proactively recognizing losses in the financial system, burden sharing, corporate restructuring and governance reform, hardening budget constraints, and facilitating market entry. A proactive strategy would trade off short-term economic pain for larger longer-term gain.

Disclaimer: www.yourbookbest.com does not own Resolving China’s Corporate Debt Problem books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Resolving China’s Corporate Debt Problem

Resolving China’s Corporate Debt Problem

File Size : 98,98 MB
Total View : 8074 Views
DOWNLOAD

Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase in investment after the Global Financial