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

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

4 minute readJuly 25, 2013 at 10:27 AM

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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

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