Politics - 27 Jul 2017

SOE performance improves and deteriorates

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It’s been a solid year for SOE profits. That’s even truer for companies owned by local governments than it is for the central SOEs.

Recently released data from the Ministry of Finance (MOF) shows that local SOEs had a cracking first half of the year:

Revenues were up by 18.8% y/y in H1 –...


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