Beijing’s SASAC to reorganize some SOEs in a new holding company, China Reform Holdings Corporation Ltd

Posted on 12/23/2010

The State-owned Assets Supervision and Administration Commission (SASAC) which is pretty much the SOE regulator and watchdog is announcing the creation of a new asset management company. The goal of the new entity is to manage and restructure smaller, uncompetitive state-owned enterprises (SOEs). SOEs that are part of key sectors of the Chinese economy will […]

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