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NOTHING IS PERMANENT EXCEPT CHANGE

China’s central state-owned firms should strictly control debt investments, regulator says

  • China's central government-owned firms should strictly control debt investments, the country's state assets regulator said on Monday.
  • It reported that total profit from China's central government-owned firms for the first three months of 2018 rose 20.9 percent from a year earlier to 377.06 billion yuan ($60.11 billion).

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