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State-owned enterprises will............>

CHINA PRESS
CHINA PRESS: State-owned enterprises will accelerate deleveraging by reducing
debt ratios and controlling investments, the China Securities Journal reported
Thursday. Guidelines for debt-to-equity swaps, restructuring and debt-risk
prevention are expected to be issued this year, it said quoting officials with
knowledge of the matter. High risks associated with outbound investment are also
being addressed. Some SOEs have speculated in the financial sector jeopardizing
the security of state-owned assets. Authorities should establish rules to curb
this, the report said. (China Securities Journal)

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