The Chinese government has approved a programme that will allow struggling companies’ bank debt to be swapped for equity, as Beijing moves to address growing concerns over the country’s massive debt pile.
manbetx3.0 政府批准了一项允许陷入困境的企业将银行债权转股权的计划。北京方面正在采取行动,以化解对该国巨额债务的日益加重的担忧。
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