An Attempt to Profile the Finances of China's Enterprise Sector /
This paper examines the leverage, efficiency, and debt-repayment capacity of the Chinese enterprise sector using aggregate and firm level data. The cash coverage of interest expense, in particular, is used as a bridge between enterprise finances and banks' asset quality in order to develop insi...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2001.
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Series: | IMF Working Papers; Working Paper ;
No. 2001/182 |
Online Access: | Full text available on IMF |