• 11/26/2024

China advises state firms to keep eye on finances as risk becomes economic watchword

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The commission administering China’s largest state firms has cautioned them to control and prevent risk in their financial subsidiaries and operations, a sign of heightened focus on systemic shortfalls as debt burdens continue to plague smaller institutions.

https://www.scmp.com/economy/china-economy/article/3243942/china-advises-state-firms-keep-eye-finances-risk-becomes-economic-watchword?utm_source=rss_feed