Chinese State Owned Enterprises Going Belly-up
文章来源: samnut2006-12-06 13:58:00
Beijing plans to approve the bankruptcy of around 500 more state-owned enterprises (SOE) before the end of the year.

China's State-owned Assets Supervision and Administration Commission (SASAC) has received more than 2000 SOES wanting to throw in the towel before 2008. So far, 619 have been approved.belly-up.jpg Continue reading...