China's latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October. More »
BEIJINGChina must strengthen its reforms and modernize its system of governance over the next five years, President Xi Jinping told a meeting of a key Communist Party body on Monday, the official Xinhua news agency reported. The government will push forward re... More »
BEIJING Chinese Premier Li Keqiang has called for state-owned enterprises (SOEs) to press ahead with mergers and acquisitions to improve their competitiveness and for the disposal of “zombie” enterprises, the official Xinhua news agency said late on Sunday. St... More »
BEIJING China issued some details on Sunday on plans to reform state-owned enterprises (SOEs), including the introduction of “mixed ownership” by bringing in private investment, and said it expected decisive results by 2020. Reform of mammoth state-owned firms... More »
