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08 Jan
00:00

Shigang relocation to be shared ownership experiment

The relocation of Shijiazhuang Iron and Steel (Shigang) is likely to give some insight into what exactly China means when it says it is opening up its state-owned steelmakers to private investment, Kallanish learns. The project has been highlighted by the provincial government of Hebei, which ultimately owns the mill through the Hebei Iron and Steel Group (Hegang), as a showcase of China’s “mixed ownership” reforms, according to local me…
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