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Vital signs of China's biggest firms getting stronger

Improvements could help ease fears of a looming financial crisis in the world's second-largest economy

Accelerating economic growth has made it easier for large firms to repair their balance sheets.

Hong Kong

THERE'S been no shortage of bad news when it comes to China's massive debt pile, from turbulence in the corporate bond market to last month's sovereign rating downgrade by Moody's Investors Service.

But look beyond the negative headlines, and one encouraging fact stands...

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