China launches massive $52.5bn fund to restructure SOEs
The biggest private equity fund to date will be managed by China’s state-assets watchdog, and aims to tackle more than 77 trillion yuan in debt owed by Chinese state-owned enterprises.
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The biggest private equity fund to date will be managed by China’s state-assets watchdog, and aims to tackle more than 77 trillion yuan in debt owed by Chinese state-owned enterprises.
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