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Multiple provinces have assured that....>

CHINA PRESS
CHINA PRESS: Multiple provinces have assured that they will generally finish
settling their "zombie companies" in 2018, indicating that the state-owned
zombie companies settlement has been progressing rapidly, reported Economic
Information Daily on Thursday. Many investors in asset management companies are
optimistic on the progress of this settlement, observed the report, citing a
survey by Orient Securities Asset Management. In the medium-to-long term, SOE
reform and the zombie company settlement will support the progress of interest
rate liberalization, the report said, citing anonymous people working in the
industry.

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