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China to take steps to increase bad debt write-offs in financial sector

Discussion in 'Market News' started by ForexLive, Dec 9, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Chinese cabinet on state radio. Reuters reporting - will take steps to reduce overcapacity in industry, deal with zombie firms - will significantly improve profitability of current loss-making state firms by 2017

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