Thursday, February 6, 2014

China's Ministry of Finance 'Wants More SOEs to Hand over Profits'

The single most important measure of Chinese reform: increasing SOE payouts to their owner (the state). This will slash useless investment and benefit private competitors.

Ministry of Finance 'Wants More SOEs to Hand over Profits' -
http://english.caixin.com/2014-01-20/100631222.html

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