What will happen to the RMB 109 trillion of Chinese State assets?

The newly established State Property Regulatory and Management Commission (SPRMC) appointed 18 department directors recently, including those for enterprise transformation, property rights, policies, rules and regulations. More...

Auctions of chinese state assets fail to find buyers

China has recently been disposing of state assets through restructuring state-owned enterprises, disposing of the property of bankrupt enterprises and management buyout. These sales have mainly been carried out More...