27
Apr
08:57
Chongqing sets up fund for supply-side reform
Chongqing will establish a fund for state-owned enterprises reform and development, according to local media. Although China’s central government has both funds available and introduced policy for supply-side reform, they must achieve their goals through the vehicle of local government, Kallanish notes.
The local State-owned Assets Supervision and Administration Commission (SASAC) will provide CNY 300-500 million ($46.1-76.9m) for state-owned companies eve…
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Anonymous
Very good overview of the weekly steel market.
Anonymous