State owned enterprises leverage as a contingency in public debt sustainability analysis the case of the Peoples Republic of China.
The leverage of state owned enterprises (SOE) in the Peoples Republic of China (PRC) has grown to a large liability. While there is no room for complacency, there is no need for panic either; even if authorities had to step in to mop up as much as 20% of SOE debt at risk gone bad. This would appear...
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Format: | Electronic Resource |
Language: | English |
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Metro Manila, Philippines
Asian Development Bank
2020.
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Series: | Economics Working Papers
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Online Access: | https://www.adb.org/publications/state-owned-enterprises-public-debt-sustainability-prc |