Moody's: Stronger supervision of SOE investments by Chinese government is credit positive for central SOEs
Hong Kong, January 20, 2017-- Moody's Investors Service says that updated policies announced this week by the Chinese authorities, if implemented as stipulated, are credit positive for central state-owned enterprises as they are likely to result in better investment discipline and financial management at these companies. On 18 January 2017, the State-owned Assets Administration and Supervision Commission of the State Council published two updates on stronger SASAC...
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