New guidelines for state-owned enterprises will affect companies such as Pingmei Shenma Group, an energy and chemicals concern in Baofeng County, Henan province. Photo: Reuters New guidelines for state-owned enterprises will affect companies such as Pingmei Shenma Group, an energy and chemicals concern in Baofeng County, Henan province. Photo: Reuters
New guidelines for state-owned enterprises will affect companies such as Pingmei Shenma Group, an energy and chemicals concern in Baofeng County, Henan province. Photo: Reuters
China economy
Economy /  China Economy

Beijing directs state firms to ‘perform like normal enterprises’ after trade partners’ complaints

The new guidelines – coming after criticism of China’s ‘market distortions’ by the US, EU and Japan – depart from a policy of making state behemoths ‘bigger and stronger’

Topic |   China economy
Frank TangOrange Wang
Frank Tang and Orange Wang

Updated: 10:59pm, 10 Oct, 2018

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New guidelines for state-owned enterprises will affect companies such as Pingmei Shenma Group, an energy and chemicals concern in Baofeng County, Henan province. Photo: Reuters New guidelines for state-owned enterprises will affect companies such as Pingmei Shenma Group, an energy and chemicals concern in Baofeng County, Henan province. Photo: Reuters
New guidelines for state-owned enterprises will affect companies such as Pingmei Shenma Group, an energy and chemicals concern in Baofeng County, Henan province. Photo: Reuters
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