Unsecured creditors who hold CDSs might prefer default to a lengthy restructuring: to them, the insurance policy is worth more than the house.
拥有信用违约互换的无担保的债权人宁愿看到违约也不想看到漫长的重组:对他们来说,保险单比房屋更值钱。
Many Chinese companies still rely on policy support. Furthermore, restructuring and the reorientation of the economic model take time.
二是中国许多企业的经营状况还没有根本好转,仍主要靠政策的支撑。
A policy that called for closing, discontinuing, merging and restructuring industrial enterprises was implemented in cities.
一个所谓的政策关闭,停止,合并和重组工业企业实施在城市。
The restructuring can increase concentration degree of automobile industry and play scale economy and synergistic effect, which is a requirement of Chinese automobile industry in policy.
重组可以有效地提高汽车产业集中度,发挥规模经济和协同效应,也是中国汽车产业政策的要求。
This thesis analyst the performance conditions, influence factors and institution causes of asset restructuring from three aspects, the performance theory, positive and policy recommendations.
本文从资产重组绩效的理论、实证和政策建议分析三个层面,对我国上市公司资产重组绩效现状、影响因素及政策建议进行了探讨。
"The policy to change the TTM into a juristic person is not a privatisation, but a restructuring of the organisation aimed at improving flexibility and reducing obstacles to operations," she said.
“政策是把泰国烟草专卖公司转变成一个法人机构,但不是私有化,而是对组织进行重组,以提高灵活性,减少业务营运的障碍,”她说。
The policy implication of those research findings is that, in order to make the policy of restructuring ownership structure attain its anticipated results, industry dependency of owners…
这一研究结果的政策含义在于,为使上市公司股权结构重构的政策取得预期的效果,应充分考虑到股权结构的“行业依赖性”。
The policy implication of those research findings is that, in order to make the policy of restructuring ownership structure attain its anticipated results, industry dependency of owners…
这一研究结果的政策含义在于,为使上市公司股权结构重构的政策取得预期的效果,应充分考虑到股权结构的“行业依赖性”。
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