Beijing mounts new effort to rein in prodigal SOEs

Beijing recently unveiled guidelines to overhaul bloated state-owned enterprises amid China's slowest economic growth in 15 years. Sasac's influence to wane in the process.

China recently unveiled long-awaited guidelines to overhaul bloated state-owned enterprises (SOE), the latest move from Beijing to reinvigorate the sector amid the Chinese economy’s slowest growth in 15 years.

¬ Haymarket Media Limited. All rights reserved.

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