A Chinese worker welding at a shipbuilding yard in Chongqing. The China State-owned Enterprises Restructuring Fund has spent 8 per cent of its capital since last year making the nation’s state-owned behemoths more efficient. Photo: AFP

Beijing’s rescue fund to shift investments to private companies now that it’s saved state giants

Topic |   State-owned enterprises

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A Chinese worker welding at a shipbuilding yard in Chongqing. The China State-owned Enterprises Restructuring Fund has spent 8 per cent of its capital since last year making the nation’s state-owned behemoths more efficient. Photo: AFP
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