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Results 1 - 10 of 148 for state-owned enterprise

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  1. Forget robbery, try state-owned enterprises for a quick buck

    Posted Apr 22nd 2012, 12:00am

    ... doesn't have Hollywood endings and, on the mainland, robbery is a particularly bleak vocation compared with other avenues for illicit gain- such as working for a state-owned enterprise ... more than the poor robber who did not get to spend a fen of his ill-gotten gains. And a popular online post detailed purchases made by a state-owned real estate company based in Nanjing, ...

  2. Talent hunt for state-owned firms an exercise in futility

    Posted Jun 19th 2008, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'Beijing is planning a big global drive for corporate talent, seeking new chief executives for some of the top 50 state-owned enterprises.' SCMP, June 18 ... by state-owned corporations - 54 per cent as of the latest figures, which is down from 74 per cent 15 years earlier. The blue line shows you the percentage of total industrial sales for which state-owned ...

  3. Business - Economy - CURRENCIES

    Does the yuan matter?

    Posted Mar 24th 2014, 09:08am by Derek Scissors

    ... bringing private capital into state-owned enterprises, which is the exact opposite of allowing private capital to compete more freely. Getting larger is still seen as superior to becoming more ... these are far more important than currency policy. And those companies facing fast-rising labour costs or extremely high land prices (or barred from buying land because it is state-owned) would agree. ...

  4. Cadres tied to almost half of city's graft cases

    Posted Jan 24th 2007, 12:00am by Staff Reporter

    ... on corruption in officialdom's top ranks. City prosecutors investigated 495 people from government agencies and state-owned enterprises last year, arrested 81 officials above the level ... for taking 3 million yuan in bribes and not being able to explain the source of a further 13 million yuan in assets. State-owned companies were also hotbeds of graft last year, prosecutors said. ...

  5. Business - Comment - MONITOR

    The road to convertibility is paved with repression

    Posted May 08th 2013, 12:00am by Tom Holland

    ... The party-state relies on its control of China's financial system to allocate cheap capital to favoured state-owned enterprises. The senior party officials who control these corporations then use ... to the politically important state sector. Then with its funding pool held captive and its source of cheap capital for state-owned enterprises guaranteed, Beijing would have more room to internationalise ...

  6. Wealth has brought insecurity on mainland, survey finds

    Posted Jul 19th 2006, 12:00am by Staff Reporter

    ... able to accumulate major assets within a decade or so without inheriting wealth because a large number of civil servants and technicians from state-owned enterprises had quit their jobs ... them.' More than three-quarters of the respondents said they had been teachers, managers in state-owned companies or local officials before going into business, and 16 of the 33 said they were ...

  7. Poly plans 2b yuan bond sale

    Posted Feb 23rd 2007, 12:00am by Carol Chan

    ... or after-tax. Poly Group, which controls listed units in Hong Kong and Shanghai, is one of the 159 enterprises under the supervision and management of the State-owned Assets Supervision ... Carol Chan China Poly Group Corp, a state-owned conglomerate, said profit jumped 61.1 per cent last year, thanks to an increase in sales and the spin-off of its property arm. The company ...

  8. Shanghai officials misused 8.5b yuan in three years

    Posted Aug 11th 2007, 12:00am by Staff Reporter

    ... Alice Yan Officials of all ranks at government and state-owned enterprises (SOEs) in Shanghai mismanaged or irregularly used more than 8.52 billion yuan in public funds from 2004 to last year, a meeting of municipal audit officials was told this week. Over a two-year period alone, one group of corrupt senior officials in the city mismanaged 620 million yuan, and some top ...

  9. Couple jailed for cheating bank out of 420m yuan

    Posted Dec 24th 2004, 12:00am by Staff Reporter

    ... Xue Changchun, former general manager of a state-owned poverty-relief company in Guangzhou, was sentenced to death for misappropriating and embezzling 14 million yuan of public money. Losses ... Qiuyuan, both former managers of a government-owned enterprise in Zhongshan, were the latest of a series of verdicts on corrupt officials handed down by mainland court this week. Chen Manxiong ...

  10. Minister takes blame for universities' debts

    Posted Mar 15th 2008, 12:00am by Raymond Li

    ... done for debt-stricken state-owned enterprises including the big four state-owned banks in the late 1990s. 'Many of the universities showed little responsibility when they began to borrow ...




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