An employee works inside a factory of Chinese state-owned enterprise Pingmei Shenma Group in Baofeng County, Henan province, China. Photo: Reuters
China’s state-owned firms under pressure from foreign investors to boost transparency
- Recent moves by some Chinese state-owned enterprises to boost transparency in supply chain management caused their stock prices to jump
- Chinese consumers are dissatisfied with services of finance and retail sector SOEs, research shows, putting them under pressure to reform
An employee works inside a factory of Chinese state-owned enterprise Pingmei Shenma Group in Baofeng County, Henan province, China. Photo: Reuters