The mystery of SOE debt

GMO
By September 14, 2020 14:32

The mystery of SOE debt

The great majority of SOE funding is domestically sourced by local banks.1 However, within the past decade, SOEs have chosen to diversify their funding sources by venturing into the international capital markets. As a result, SOE debt has become a …

GMO
By September 14, 2020 14:32

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