private sector

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.

September 20, 2015

China SOE profits stabilising

Official data point to an improvement in Chinese SOE earnings in recent weeks but long promised reform of the sector is still awaited.

July 22, 2015

China's SOE revamp could lead to problems

Chen Zhiwu, a member on the international advisory board of the China Securities Regulatory Commission, says diversified ownership could increase corruption.

April 12, 2014