China targets ‘zombies’ with regulatory headshots to kill off indebted laggards
- Posted on April 29, 2026
- By South China Morning Post
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- 1 min read
China targets ‘zombies’ with regulatory headshots to kill off indebted laggards
Six provinces and the capital city test a forced-insolvency pilot to purge overcapacity and dismantle local protectionism, prioritising market efficiency.
