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China state assets regulator says debt reduction, curbing risks still key

Reuters  |  BEIJING 

BEIJING (Reuters) - Reducing debt and curbing risks remain priorities for China's state-owned firms, the head of the country's state assets regulator said on Saturday, as Beijing continues its restructuring and deleveraging efforts.Xiao Yaqing, chairman of the State Assets Supervision and Administration Commission (SASAC), also told reporters on the sidelines of China's annual meeting of parliament that proposed overseas investments by Chinese state companies should be reviewed "fairly"."Chinese enterprises, especially state-owned enterprises, are independent market players first," Xiao said. ...

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First Published: Sat, March 10 2018. 16:12 IST
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