Chinese President Xi Jinping said state-owned firms should continue to become stronger, better and larger. Photo: Bloomberg
Economy /  China Economy

Chinese President Xi Jinping’s show of support for state-owned firms ‘no surprise’, analysts say

But it did little to ease trade tensions on world stage, president of European Chamber of Commerce in China says

Topic |   China economy
SCMP
Orange Wang and Sidney Leng

Updated: 9:06pm, 28 Sep, 2018

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Chinese President Xi Jinping said state-owned firms should continue to become stronger, better and larger. Photo: Bloomberg
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.

Sidney Leng

Sidney Leng

Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China's macroeconomic policies and financial regulations since 2016.