BEIJING (AFX-ASIA) – Large state-owned enterprises in northeast China’s industrial rustbelt have been urged to offload loss-making non-core assets including company-run schools and hospitals within two years, the official Xinhua news agency reported. The Xinhua report was quoting a senior official at the State-owned Assets Supervision and Administration Commission (SASAC). Major SOEs in the northeast…
CHINA: State-Owned Enterprises (SOE) to offload loss-making non-core assets within 2 years
Posted on December 30, 2003 by EnergyAsia