Sentences with phrase «thus financial distress»

Not exact matches

First, it can simply transfer debt directly onto the government balance sheet so as to clean up banks, SOEs and local governments, thus preventing financial distress costs from causing Chinese growth to collapse.

If your financial situation is such that your monthly expenses far exceed your monthly income thus you are unable to make timely in - full payments each month then you are in financial distress.

Thus far, the recent advance has been focused on low - quality and distressed sectors such as financials, insurance and homebuilders.