State Council Tag

11 Apr

Posted at 12:31h in Asia

China’s state-owned enterprises (SOEs) are “shifting gears” to raise their game and boost earnings by adding innovation, research and supply-chain security to their focus and performance yardsticks, an industry analyst said.The new approach, spelled out by Beijing earlier this year, represents a “distinct departure” from...

11 Mar

Posted at 09:16h in Asia

Chinese regulators recently met financial institutions to discuss state-backed property developer China Vanke where they asked large banks to enhance financing support and asked private debt holders to discuss maturity extension, two sources said.The sources with direct knowledge of the matter said the financial institutions...