CHINA TOPIX

11/02/2024 09:33:55 am

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China State-Owned Companies Reform

No Mass Layoffs

Top Regulator Vows no Mass Layoffs as China Plans Merger of Big State-Owned Companies

China is set to combine more big state-owned enterprises (SOEs) as part of a sweeping plan to cut industrial overcapacity and promote growth and employment opportunities in other sectors of the nation's economy, a senior regulator said on Saturday.

Reforms Looming?

Bankers, Investors Anticipate Reforms in China's SOE Sector

Corporate reform has been looming heavily over China's state-owned enterprises (SOEs) for quite some time now, and investors and bankers are hoping that Beijing will finally give in to the demands of the times and begin the inevitable transition toward a meaningful privatization of state companies this year, according to analysts.

Chinese State-Owned Firms to Enter Investment, Mixed Ownership Deal with Private Investors

Chinese State-Owned Firms to Enter Investment, Mixed Ownership Deals with Private Investors

Private investors will soon be allowed to buy into Chinese state-owned companies as authorities look to reform state enterprises to combat the recent economic sluggishness.

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