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연구보고서
China’s Overcapacity: Causes and Cures
DBS 2016-05-03
Abstract
□ China’s overcapacity is caused by a confluence of factors
□ They include an inefficient system to allocate capital and distorted input prices
□ Other issues include low SOE dividends and local protectionism
□ Financial reform will address some of these problems
□ Price, tax and SOE dividend reform will also be important
이전글 | 중국수산동향 제7호 | 2016-05-03 |
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다음글 | Equity-for-Debt Swap – A Pareto-Optimal solution to China’s banking sector woes? | 2016-05-03 |