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Night of the living debt nears dawn: China’s zombie companies face restructuring reforms

By Dominic Lawson

05 December 2018

Night of the living debt nears dawn: China’s zombie companies face restructuring reforms istock.com/kanyakits

China has announced it will push some “zombie enterprises” into restructuring or bankruptcy within the next few months, as part of a range of measures to cut overcapacity and high corporate debt.