Chinese Government Announces State Enterprise Restructuring Fund

Posted on 09/27/2016

The Chinese government continues to take steps to reform many of its uncompetitive state-owned enterprises (SOE), while trying to reduce the debt burden on them as demand slows in areas such as steel, cement and coal. Some of China’s SOEs have excess capacity, while some have a deficiency in capacity when it comes to business […]

Get News Stories Delivered to Your Inbox