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By Chen Jia | China Daily | Updated: 2018-07-16 07:34
Prudent monetary policy, market discipline help rein in runaway corporate debt
These days, creditors to Chinese companies are optimistic.
Analysts attributed the optimism to the light of monetary policy at the end of the dark, seemingly endless tunnel of corporate debt, as the total outstanding debt financing instruments reached 9.19 trillion yuan ($1.39 trillion)
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