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  • July 13, 2014
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  1. 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 ...

  2. News - China - ECONOMY

    State-owned enterprise reform likely to be modest, researcher suggests

    Posted Oct 18th 2013, 11:33pm by Cary Huang

    ... reform 'to be modest' A leading central government researcher has called for the overhaul of state-owned enterprises but avoided saying whether their special status should be scrapped ... be discussed at the third plenary session of the party's Central Committee next month. Cheng suggested seven changes to state-owned enterprises (SOEs): shifting the division between government ...

  3. News - China - MONOPOLIES

    Corruption probes raise state-owned enterprise reform hopes

    Posted Sep 03rd 2013, 12:00am by Zhang Hong and Eric Ng

    ... a meeting heralding significant change- but not in state-owned enterprise reform. "We do not expect SOE reform to be explicitly discussed in the 2013 Third Plenum document. The subject is too ... Zhang Hong in Beijing and Eric Ng Graft probes raise SOE reform hopes A scandal that has taken down the head of the State-owned Assets Supervision and Administration Commission (SASAC) ...

  4. News - China

    State-owned enterprises welcome Hu Jintao's backing

    Posted Nov 10th 2012, 12:00am by JANE CAI

    ... State-owned enterprises (SOEs) have cheered the importance given to the sector in Communist Party chief Hu Jintao's keynote speech to the party's 18th national congress ... public ownership", help more state-owned capital go to key industries and increase the vitality and influence of the sector. The comments mean that China will stick to the road of mainly ...

  5. 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 ...

  6. News - China - BUSINESS

    Rich business scions in Foshan finish 'controversial' six-month training with state-owned firms

    Posted May 28th 2014, 05:33pm by Alice Yan

    ... executives have recently completed training under Chinese state-owned enterprises, as the local government aims to ensure a next generation of entrepreneurs can continue keeping the city’s economy ... of state-owned enterprises, which dominate most Chinese industries, from construction to electricity and mining. They might adopt SOE habits like “low efficiency and using their monopoly status to force ...

  7. News - Asia - VIETNAM

    Vietnam’s state sector a ‘cancer’ in economy

    Posted Jan 30th 2013, 02:45pm by AFP

    ... the scope for further stimulus. Vietnam has more than 1,300 state-owned enterprises (SOEs). They account for 45 per cent of the country’s total investment, use 60 per cent of commercial bank loans, ... that the communist regime cannot fix. More than 25 years after it started a transition towards a market economy, the government is trying to unpick a web of state-owned firms, which have a stranglehold ...

  8. News - 18th Party Congress

    Beijing has to reform its loss-making state-owned firms, say analysts

    Posted Sep 12th 2012, 12:00am by Victoria Ruan

    ... (CNPC) and State Grid are now ranked among the top 10. It's a success story that seemed impossible just 15 years ago- when thousands of the mainland's state-owned enterprises, known ... decade Are state-owned firms evolving at last? The Chinese economy's state-owned giants- dubbed "the elder sons of the republic" for always getting the best share of everything- ...

  9. News - China - CORRUPTION

    Crime more rampant in private sector than China's state-owned firms in 2013: report

    Posted Jan 06th 2014, 12:22pm by Zhang Hong

    ... Zhang Hong hong.zhang@scmp.com Bribery tops list of state-owned firm executives' wrongdoing, while misuse of public funds a common thread between two sectors There were more private-sector entrepreneurs reported to have committed crimes such as fraud or fund scams than their counterparts in state-owned enterprises last year, a report issued on Monday showed. The Chinese ...

  10. 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 ...




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