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  • October 26, 2014
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  1. Comment - Insight & Opinion

    Reform of state-owned enterprises crucial to improve quality of Chinese economy

    Posted Aug 13th 2014, 03:08pm by Hu Shuli

    ... crucial to improve Chinese economy A new round of state-owned enterprise reforms is gaining traction. On July 15, the State-owned Assets Supervision and Administration Commission (Sasac) unveiled four reforms to be implemented in six central-government-controlled state enterprises: reshuffling their constituent state-owned capital investment firms, encouraging mixed ownerships, changing ...

  2. Comment - Insight & Opinion - LEADER

    Battle over state-owned enterprises an issue of fair trade versus economic reality

    Posted Jul 21st 2014, 03:59am by SCMP Editorial

    ... SCMP Editorial Fair trade versus economic reality The status of state-owned enterprises- a long-standing source of trade disputes- has been one of the most contentious issues facing ... campaign on multiple fronts against the role of state-owned companies in developing economies. It is more than likely that it will appeal against the WTO ruling. Its fight has as much to do ...

  3. News - China - CHINA BRIEFING

    Breaking monopolies of state-owned enterprises is key for sustainable economy

    Posted May 12th 2014, 03:50am by Wang Xiangwei

    ... of proper supervision, the state-owned enterprises have become a breeding ground for corruption. In 2009, Chen was given a suspended death sentence- later commuted to life imprisonment- ... head of the regulator of the state-owned enterprises and the former chief of CNPC. His detention is widely rumoured to be part of an unprecedented probe into Zhou Yongkang, a former Politburo ...

  4. Comment - Insight & Opinion

    China has need of well-run state-owned enterprises

    Posted Aug 28th 2013, 12:00am by ZHAO YAJING, WOO JUN JIE

    ... plaguing senior executives in Chinese state-owned enterprises have damaged the reputation of these companies in recent years. Questions of accountability have been raised, with many calling for reform of the enterprises. And while reform is needed, there is a danger of throwing the baby out with the bathwater. State-owned enterprises have historically played an important role in driving ...

  5. Comment - Insight & Opinion

    Cutting executive pay at state-owned firms only part of Beijing's plan

    Posted Sep 10th 2014, 01:26pm by Hu Shuli

    ... firms is only part of Beijing's plan The distorted salary structure for the top executives of China's state-owned enterprises is undergoing major surgery. On August 18, the Central ... of bigger plans to modernise the management of state-owned enterprises, and of efforts to improve income distribution. It's far too early to tell if the plan will succeed- most of its details ...

  6. Comment - Blogs

    Gree tastes pain of excess

    Posted Mar 04th 2013, 11:00am by Doug Young

    ... that high-level officials at big state-owned enterprises may also soon be coming under attack. Most China watchers will know that the distinctions between officials from the government and big state-owned ... corruption and excessive spending by government officials are now finding their way into big state-owned enterprises as well. Accordingly, we could easily see similar downfalls for top executives ...

  7. Comment - Insight & Opinion

    Cleaning up China's state-owned firms must go beyond punishing the corrupt

    Posted May 28th 2014, 06:42pm by Hu Shuli

    ... must go beyond punishing the corrupt After government agencies, state-owned enterprises have become the second main battleground for China's crackdown on corruption. In September last ... with whom they collude. Investigators cannot afford to relax: every case of wrongdoing uncovered must be prosecuted. Meanwhile, China must rethink the structure of its state-owned enterprises ...

  8. Comment - Insight & Opinion

    China's state-owned giants need to enter modern corporate age

    Posted Sep 26th 2013, 12:00am by Hu Shuli

    ... to enter modern age of corporate governance Corruption involving China's state-owned enterprises has hogged the headlines. So far, senior executives at China National Petroleum Corporation ... of ideas on how to reform the sector. The key lies in adopting a system of modern corporate governance. Major state-owned enterprises should be the first to start by setting up a board ...

  9. Comment - Insight & Opinion

    China must rein in its state-owned monopolies

    Posted Aug 29th 2013, 12:00am by Hu Shuli

    ... to be really credible, all before it must be equal. Thus, the regulator must confront the biggest monopolists in China- state-owned enterprises and the government-business hybrids such as profit-making ... and regulate their business operations". This blurs the lines of oversight. Even so, state-owned enterprises are not immune from the law, as the article also says they "shall not harm ...

  10. Business - China Business - MONEY MATTERS

    Are state-owned companies now too big to touch?

    Posted Jul 20th 2013, 12:00am by Shirley Yam

    ... Shirley Yam Are state-owned companies now too big to touch? There couldn't be a better tombstone to mark the 20th anniversary of the listing of mainland state-owned enterprises (SOEs) ... When it's more than 50 per cent, why bother? After all, transparency, accountability and good governance have always been alien to China's top state enterprises. Fund managers may ...




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