China targets ‘zombies’ with regulatory headshots to kill off subsidised laggards
--------------------------------------------------------------------
Source: South China Morning Post
Published: 2026-04-29 15:30 UTC+10:00
Section: Natixis
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Economy & Finance, China, Financial Markets, Business & Economy, Asia Pacific
--------------------------------------------------------------------
Snippet:
Six provinces and the capital city test a forced-insolvency pilot to purge overcapacity and dismantle local protectionism, prioritising market efficiency
--------------------------------------------------------------------