The National Development and Reform Commission and ten other departments have co-released a document that proposes to accelerate the disposal of the debt of “zombie enterprises” and de-capacity companies, National Business Daily reported. The document urges local governments to remove zombie enterprises debt by means of bankruptcy liquidation, bankruptcy reorganization, debt restructuring, mergers and reorganization. […]
Thank you for registering!
An account was already registered with this email. Please check your inbox for an authentication link.