China will allow SOEs to sell assets to ease debt burden - MNI

MNI reporting headlines from China’s Financial News that China’s State-owned enterprises (SOEs) will now be allowed to sell assets to ease debt burden.

Key Headlines:

State-owned enterprises can sell some state assets to resolve debt problems

As part of structural reorganization of some state assets, instead of merging or separating SOEs

Bankruptcy is inevitable for deleveraging in the long term