Poor oversight on investments was one of the biggest problems highlighted in the audit reports. Photo: Reuters Poor oversight on investments was one of the biggest problems highlighted in the audit reports. Photo: Reuters
Poor oversight on investments was one of the biggest problems highlighted in the audit reports. Photo: Reuters

Audit uncovers shortcomings in management of SOEs

Poor oversight on investments on top of improper feasibility studies contributed to billions of yuan in losses among state-owned firms

Poor oversight on investments was one of the biggest problems highlighted in the audit reports. Photo: Reuters Poor oversight on investments was one of the biggest problems highlighted in the audit reports. Photo: Reuters
Poor oversight on investments was one of the biggest problems highlighted in the audit reports. Photo: Reuters
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