What are zombie firms?

What are zombie firms?
China Business Review

 
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From 2008 to 2018, China’s nonfinancial corporate debt grew from $4.56 trillion to nearly $20 trillion. The IMF estimates that zombie firms constituted almost one tenth of all nonfinancial corporate debt in China in 2016. To learn more about what zombie firms are and what we can learn from them, we spoke with Tianlei Huang, a research analyst at the Peterson Institute for International Economics.

Read more on the China Business Review!

Articles from Tianlei Huang on SOE debt:

Ian Hutchinson

Ian Hutchinson

Ian is the digital editor at the US-China Business Council. He hosts the weekly China Business Minute podcast and cohosts the China Business Review podcast. He also covers the Belt and Road Initiative for USCBC.

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