In the news: SOEs big but not strong, ban on new government buildings and AstraZeneca employee questioned

July 25, 2013 | BY

clpstaff &clp articles

As 85 Chinese corporations make the Fortune Global 500 list, many are wondering how much power state-owned enterprises actually have. The government has stepped up its corruption crackdown and AstraZeneca has visited by the authorities amid the GSK bribery investigations

Promulgated: 2013-07-18

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SOEs are big - but not strong

Caixin reported that 85 Chinese corporations made the latest Fortune Global 500 list. About 90% of those companies are state-owned enterprises (SOEs) and only seven are private businesses. The article