How Long to Read Assessing China's Corporate Sector Vulnerabilities

How Long Does it Take to Read Assessing China's Corporate Sector Vulnerabilities?

It takes the average reader and 28 minutes to read Assessing China's Corporate Sector Vulnerabilities by Mali Chivakul

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper documents and assesses the risk stemming from rising corporate indebtedness in China using a firm-level dataset of listed firms. It finds that while leverage on average is not high, there is a fat tail of highly leveraged firms accounting for a significant share of total corporate debt, mainly concentrated in the real estate and construction sector and state-owned enterprises in general. The real estate and construction firms tend to face lower borrowing costs and could withstand a modest increase of interest rate shocks despite their high leverage. The corporate sector is however vulnerable to a significant slowdown in the real estate and construction sector. Our sensitivity analysis suggests that the share of debt that would be in financial distress would rise to about a quarter of total listed firm debt in the event of a 20 percent decline in real estate and construction profits.--Abstract.

How long is Assessing China's Corporate Sector Vulnerabilities?

Assessing China's Corporate Sector Vulnerabilities by Mali Chivakul is 28 pages long, and a total of 7,224 words.

This makes it 9% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Assessing China's Corporate Sector Vulnerabilities Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Assessing China's Corporate Sector Vulnerabilities aloud.

What Reading Level is Assessing China's Corporate Sector Vulnerabilities?

Assessing China's Corporate Sector Vulnerabilities is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Assessing China's Corporate Sector Vulnerabilities?

Assessing China's Corporate Sector Vulnerabilities by Mali Chivakul is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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