"China is NASA’s biggest rival in space exploration with plans to land 'taikonauts' on the Moon by 2036 and Mars thereafter. Along the way, President Xi Jinping hopes the space missions will spawn a wave of Chinese innovation in robotics, aviation and artificial intelligence, among other leading 21st-century technologies."
Opinion: The government should allow private equity funds to get involved in debt-equity swaps
"By allowing private-sector participation in debt-equity swaps, China could kill three birds with one stone: advance SOE deleveraging, strengthen corporate governance in the state sector, and enhance economic efficiency," writes Yao Yang, director of the China Center for Economic Research and dean of the National School of Development at Peking University.
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