Wang Xiaochu, chairman and CEO of China Unicom, at the company’s interim results briefing on Wednesday. Photo: K. Y. Cheng

China Unicom secures cash injection, but missteps mar ownership reform roll out

US$11.6 billion in cash raised to cut debt and financing costs, as well as fund major infrastructure projects

Topic |   China Unicom

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Wang Xiaochu, chairman and CEO of China Unicom, at the company’s interim results briefing on Wednesday. Photo: K. Y. Cheng
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