China will focus on lowering leverage ratios among state-owned firms to reduce debt risks

China state planner out with a statement 25 Sept - will push fwd with market-based debt-to equity swaps - as of 22 Sept value of debt to equity swaps in China have exceeded 1.3trln yuan Zzzzzzzzzzzzzz. I really must get myself a proper job.
China will focus on lowering leverage ratios among state-owned firms to reduce debt risks