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China to use 'more supportive measures' to promote deleveraging: China Daily - Reuters News

China's regulators will introduce more measures to promote corporate deleveraging, with an emphasis on state-owned enterprises, the official English-language China Daily said today, according to Reuters News. 

These measures will put greater emphasis on curbing unregulated borrowing by struggling state-owned enterprises. 

Key quote (Source: Reuters)

"Will undertake more supportive measures to overcome obstacles that have hampered debt-reduction problems, and heavily indebted state-owned enterprises will be the key target."

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