Resolving China's Zombies : Tackling Debt and Raising Productivity /

Nonviable 'zombie' firms have become a key concern in China. Using novel firm-level industrial survey data, this paper illustrates the central role of zombies and their strong linkages with stateowned enterprises (SOEs) in contributing to debt vulnerabilities and low productivity. As a gro...

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Bibliographic Details
Main Author: Lam, W. Raphael
Other Authors: Schipke, Alfred, Tan, Yuyan, Tan, Zhibo
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/266
Online Access:Full text available on IMF