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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Bibliographic Details
Main Author: Karacadag, Cem
Other Authors: Heytens, Paul
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/182
Online Access:Full text available on IMF